Emphasis on DPI is prompting some investors to look at smaller managers; PEI Group data shows how certain US mid-market vintages have performed over the past decade.
Hughes & Company was founded by Travis Hughes, formerly an executive at JMI Equity, where he specialized in healthcare IT and services investing.
Some firms, like Warburg, have been through large secondaries processes in the past and are more familiar with how it works, sources said.
Prior to BayPine, Tetler was a managing director at Bain Capital Special Situations, where he led the North America technology, media and telecom vertical.
GP-led deals represented about 46% of the $40bn-$45bn of secondaries volume in the third quarter, according to research from PJT Park Hill.
Learning from the past is about asking the right questions. Whether the sub-line ABS heralds the second coming of the synthetic CDO and subsequent apocalypses isn’t one of them.
Proceeds from monetization activity in KKR's private equity and real assets businesses YTD “is up over 60% from the same time last year,” CFO Rob Lewin said in a Q3 earnings call.
The $72.5bn retirement system gave a verbal update during its October 24 investment committee meeting that it had closed a deal on September 30.
The $93bn system has operated with a growing private equity overweight for the last six years, after being dramatically affected by the denominator effect.
NATSEC Capital Partners Buyout Fund, which invests in dual-use technologies critical to national security, is targeting $300m with a $1bn hard-cap, sources told Buyouts.