Secondaries Investor | Complete intel for the world's secondaries …
Sep 27, 2013 · Secondaries Investor is the dedicated source of intelligence for the world’s secondaries markets across alternative asset classes including private equity.
Secondaries market saw average pricing of 86% in H1 2024
Oct 3, 2024 · Jeremy Coller, chief investment officer and managing partner of Coller Capital, recently said the secondaries industry is approaching its finest hour.Part of this progress, he noted, is down to liquidity needs from LPs, which is leading to significant discounts on second-hand fund stakes.
Secondaries-focused evergreen market to approach $200bn by …
Oct 24, 2024 · The growth of the evergreen vehicle market has shifted the behaviour of some large buyers, according to Chad Bounds, a director at Baird. “In instances where they’re not leading or where deal sizes are a little bit smaller than where they would typically play, [their evergreen] funds have interest in looking at those deals, which is not something that we would have seen 12 or 18 months ago ...
TPG expects to launch next secondaries fund in mid-2025
Nov 5, 2024 · TPG is already planning its next secondaries fundraise less than a month after closing its debut vehicle.. TPG aims to begin raising a successor to TPG GP Solutions in mid-2025, chief executive Jon Winkelried said on the firm’s Q3 2024 earnings call on Monday.. The firm raised just over $1.8 billion in October for its debut secondaries fund focused on GP-led opportunities, Secondaries ...
TPG closes debut GP-led fund on more than $1.8bn after long …
Oct 23, 2024 · TPG secured just over $1.8 billion for its debut secondaries fund focused on GP-led opportunities such as single and multi-asset continuation fund deals.. US SEC documents filed on 15 October show TPG GP Solutions held a $1.86 billion close. A source familiar with the fundraise told Secondaries Investor this is the vehicle’s final close.. The target for the fund – which launched in January ...
ICG on track to raise largest-ever GP-led secondaries fund
May 28, 2024 · ICG, the 12th-largest secondaries firm by fundraising per the SI 50, looks set to raise its largest-ever GP-led-focused fund when it holds its final close.. The London-listed manager’s Strategic Equity unit has already raised more capital for its Strategic Equity V fund than the size of its predecessor and is still in fundraising mode, chief investment officer and chief executive Beno ît ...
Secondaries Investor CV Deal Log Q1-Q3 2024 – updated
Nov 25, 2024 · This year could set a record for GP-led deals, with volume potentially exceeding $67 billion, according to estimates from DC Advisory or $75 billion, according to research by William Blair.. Secondaries Investor’s CV Deal Log Q1-Q3 2024 comprises known and disclosed continuation vehicles based on our own reporting, the Secondaries Investor database, press releases and media reports.
Are semi-liquids more competitive on pricing? The answer is …
Nov 14, 2024 · It’s no secret that semi-liquid funds and secondaries appear to be a match made in heaven: firms including ICG, Pantheon, Coller Capital and Ardian have launched or disclosed plans to launch such vehicles in recent months.. A particular point of attraction when it comes to these vehicles is their perceived ability to be more competitive on pricing than traditional closed-end funds when ...
GTCR launches single-asset CV for AssuredPartners
Sep 25, 2024 · GTCR is running a continuation vehicle process for an insurance asset that has been on its exit runway for at least a year, Secondaries Investor has learned. The $40 billion private equity firm has launched a single-asset CV for AssuredPartners, a Texas-based insurance company that GTCR acquired in 2019, according to three sources familiar with the matter.
All hands on deck for 2025 - secondariesinvestor.com
Jan 2, 2025 · Secondaries market volume was anticipated to finish 2024 with a bang. Market participants see no reason why 2025 shouldn’t offer more of the same. Improvements in pricing are expected to continue spurring on LP sellers in the market. In addition, the drivers bringing them to market are expected to ...