Adam Le
UK head Olivier Decanniรจre and former US head Benoรฎt Verbrugghe are among those not listed as key people on the secondaries giant's ASF IX fund, which is seeking $15bn.
A wave of GP-led activity helped buoy the secondaries market last year. Now, co-GP relationships and sponsors of all shapes and sizes using secondaries capital are just around the corner.
Competing sources of capital and a strategy yet to be untested during a downturn pose challenges for long-hold fundraisings.
Portfolio Advisorsย is expanding its secondaries offerings with the launch of a dedicated fund focusing on GP-led restructurings. Stephen Sloan, who joined the firm last month having been private capital advisory head at Greenhill, will co-lead the effort.
The UK mid-market buyout firm has been working with advisor Goldman Sachs on securing financing for its 2015-vintage fund.
The manager-initiated secondaries market has long touted itself as a creative panacea; in these challenging times the strategy must step up to the plate.
Whitehorse Liquidity Partners is a rising star of the preferred equity market, led by one of the industryโs most charismatic figures. Whatโs behind its success? A strategy treated as โgeniusโ by some and with wariness by others.
G&H Orthodontics, the Riverside Co-backed maker of brackets and bands for braces, is approaching a sale, according to three sources familiar with the matter. The anticipated deal for the Franklin, Indiana, orthodontic-supplies company will mark the conclusion of an auction conducted by Piper Jaffray,ย the sources said. Besides private equity, G&H was likely marketed to large [โฆ]