Infrastructure Archives - Secondaries Investor
WEBSecondaries Investor Advisory Survey 2024: Co-advisory mandates arrive. Madeleine Farman -. 15 July 2024. News & Analysis.
New 2ND Capital raises over half a billion for sophomore vehicle
WEBJun 3, 2021 — A +. 100%. GP-led specialist New 2ND Capital has wrapped up fundraising on its second fund. The New York-headquartered firm raised $572.08 million for New 2ND Capital Fund II through one onshore- and one offshore vehicle, according to two filings with the US Securities and Exchange Commission. This represents a …
Single-asset deals dominate GP-led activity in 2021 – Lazard
WEBJan 31, 2022 — Single-asset deals accounted for 52% of sponsor-led deals by volume in 2021, up from 38% the year before, according to the adviser's annual survey. Single-asset processes became by far the most popular type of GP-led deal in 2021 though a first-quarter lull is likely, according to Lazard. Continuation fund …
The dawning of a new era for real estate secondaries
WEBMay 19, 2022 — Commentary. The dawning of a new era for real estate secondaries. Private equity’s fastest growing sub-sector is also getting market participants excited in adjacent asset classes. This month affiliate title PERE decided to return to publishing special reports on real estate secondaries after a five-year hiatus – a reflection of the rapid ...
Ex-Siguler Guff secondaries head seeks $350m for new fund – …
WEBJun 26, 2019 — The New York-based firm will seek $350 million for Banner Ridge Secondary Fund III as early as July, according to the source. It is understood Banner Ridge has already received inbound demand from potential investors and that the firm is eyeing a first close on target as early as October. CJ Driessen, a principal at Siguler Guff, has joined ...
Goldman joins Landmark in TDR pub deal – exclusive
WEBOct 8, 2018 — Goldman Sachs Asset Management is to back a single-asset restructuring on TDR Capital‘s 2007-vintage buyout fund, Secondaries Investor has learned.. The process involves the remaining asset in the €2.2 billion TDR Capital II fund being moved into a continuation vehicle managed by TDR and backed by secondaries capital, as Secondaries Investor revealed in July.
Greenhill’s secondaries market overview in five charts
WEBJan 31, 2020 — Here are some of the most interesting findings from the report. GP-leds declined as a proportion of total deal volume. Total secondaries market transaction volume hit $88 billion, up from $74 billion the year before, making for another record year. GP-led deals as a proportion of volume declined to 30 percent from 32 percent the year before ...
StepStone joins ranks of largest RE secondaries fundraisers
WEBSep 30, 2020 — StepStone Group has held an above-target final close on its latest real estate secondaries fund.. The New York-headquartered firm raised $1.4 billion for StepStone Real Estate Partners IV, $870 million of which closed after the onset of the covid-19 pandemic, according to a statement.The fund’s target was $1 billion. Limited partners include sovereign wealth funds, pension funds, financial ...
CPPIB pushes into Asia-Pacific secondaries
WEBAdam Le -. 18 May 2017. -. 100%. Canada Pension Plan Investment Board, the country’s largest public pension fund, has been building its Asia-Pacific secondaries team and has signed two deals since it launched operations there in August. CPPIB has hired two staff in its Hong Kong office to focus on the strategy.
Whitehorse promotes five to partnership - Secondaries Investor
WEBJun 22, 2021 — Whitehorse Liquidity Partners has made several top-level promotions.. Marilia Bothamley, Julian Mirsky, Sebastien Siou, Joshua Booth and Derek Miners have been promoted to partner, according to a statement seen by Secondaries Investor.The Toronto-headquartered firm has also promoted Jamie Tucker and Nadeem Kheraj to senior principal with Xu Shi made a director.