Home Authors Posts by Rod James

Rod James

Rod James is a reporter with Secondaries Investor and also contributes to sister title PrivateEquityInternational.com. He is based in the London office. Prior to PEI, his roles included a stint as a freelancer covering fintech and transaction banking, CEEMEA capital markets reporter with EMEA Finance magazine, and editor of the Latin American political and economic risk team at IHS Global Insight.
Paris ODDO secondaries fund
The move from the Paris-headquartered buyout shop comes as GP-led processes eat more and more into the secondary buyout market.
electronics
The firm entered the private equity secondaries market in April and led its first deal in May, involving an Alpine Investors portfolio company.
promotion
The financial services holding company, which has $1.5trn in AUM, is paying $1.75bn for one of the largest remaining independent secondaries firms.
The single-asset process is focused on Hispanic food-focused Flagship Food Group, which was subject to a GP-led process in 2018.
The funds will complement the GP stakes business, which co-president Michael Rees called 'one of the most underpenetrated spaces in all of alternatives.'
Broken deal
The pandemic has certainly impacted the secondaries market – and it hasn’t been all bad.
The $197bn private credit and private equity giant follows TPG and Brookfield in looking to gain exposure to the rapidly growing secondaries market.
California
The pension has written a $500 million check for AlpInvest Secondaries Program VII, just months after committing $300 million to Ardian's ASF VIII.
fundraising
The alternatives manager is raising the Special Opportunities fund alongside its flagship secondaries vehicle, which is targeting $3.75bn.
The GP-led process centred on Hightower Advisors is one of several large, concentrated processes in market as buyers make up for lost time.
buyouts
buyouts

Copyright PEI Media

Not for publication, email or dissemination