Secondaries Investor | Complete intel for the world's secondaries …
WEBArdian plans infrastructure evergreen product in private wealth push. Madeleine Farman | Adam Le -. 17 September 2024. The vehicle, which will commit to infrastructure secondaries as well as direct infra deals, will target …
WEBLandmark Partners. Connecticut 10 Mill Pond Lane Simsbury CT 06070 (860) 651-9760. Massachusetts 265 Franklin Street, 18th Floor Boston, MA 02110 (617) 556-3910. New York 681 Fifth Avenue, 14th Floor New York, NY 10022 (212) 858-9760.
How do continuation funds really perform? - Secondaries Investor
WEBFeb 8, 2024 — Data on how continuation funds have performed has been scant… until now. Research by Morgan Stanley shared exclusively with Secondaries Investor shows that continuation funds present the potential for outsized returns compared with blind pool secondaries funds, and even buyout funds.. The investment bank took a set of 71 continuation funds of vintages between 2018 and 2023 and compared them ...
HarbourVest secures third-largest secondaries fund ever raised …
WEBAug 16, 2024 — HarbourVest Partners has nearly doubled the size of its previous secondaries vehicle, raising $15.1 billion for Dover Street XI.. Dover XI, which Secondaries Investor reported in June was expected to hold its final close in August, exceeded its $12 billion target, Secondaries Investor data shows. It is the largest secondaries vehicle raised this year by a landslide.
Secondaries market records second-biggest year ever – Evercore
WEBJan 17, 2024 — The secondaries market remained robust last year despite macro headwinds besieging private markets. Transaction volume in the secondaries market reached $114 billion, up from $103 billion the year before, according to data from investment bank Evercore’s FY 2023 Secondary Market Survey Results, shared exclusively with Secondaries Investor.The period was the second-biggest year on record for ...
Ardian seeks more time to raise flagship secondaries fund
WEBJan 19, 2024 — Ardian, one of the market’s biggest secondaries firms, is seeking additional time to raise its latest secondaries programme as fundraising timelines continue to be pushed out across the alternatives industry for various reasons.. The Paris-headquartered firm received approval from LPs for a one-year extension on the subscription period for ASF IX, according to two sources familiar with the ...
Are the returns of secondaries funds too good to be true?
WEBAug 21, 2024 — Secondaries funds have stood out in the private markets with high returns and comparatively lower risks. While this may seem too good to be true for some investors, a recent paper from Seine Capital examines why the distinct risk-return profile of secondaries funds is reasonable and why it is likely to continue.. The asset class has the lowest percentage of funds with total value to paid-in ...
Opportunity for ‘significant’ LP selling activity in coming months ...
WEBJul 24, 2024 — Overall, Jefferies anticipates the secondaries market will see over $140 billion of deal volume in 2024. It expects a further near-$40 billion of closed LP-led volume in the second half, with GP-led volume rising to reach $35 billion over the last six months of the year. Increased deal volume in the second half will be “spurred by increasing ...
APG pulls plug on multibillion-dollar portfolio sale - Secondaries …
WEBJul 5, 2024 — Secondaries Investor reported last month that APG wanted to sell a multibillion-dollar bundle of fund stakes. Most of the private equity fund interests involved were premium-quality buyout assets, a source told Secondaries Investor at the time. The €569 billion pension is above its PE allocation target and needs to keep rebalancing its ...
Moonfare discloses details of its first secondaries offering
WEB3 July 2024. A -. A +. 100%. Fundraising platform Moonfare has revealed details of its first semi-liquid secondaries strategy amid the growing intersection of secondaries and private wealth products. The details come four months after Secondaries Investor first reported on the launch of the product. The firm registered Moonfare Secondary Fund ...