The secondaries market has come a long way in a relatively short space of time. Since a handful of pioneers carved out this specialist niche back in the early 1990s, the industry has grown to such an extent that the merry band of early prospectors now looks more like a gold rush.
4 min read · 15 January 2013
The best way to deal with constant regulatory change is to embed a compliance culture throughout the organisation – and the impetus has to come from the top, writes Peter Moore of The IMS Group.
7 min read · 15 January 2013
High-yield issuance in the US and Europe surged to record levels during the first half of 2011, but the recent market volatility has ensured an uncertain outlook for the rest of the year
4 min read · 15 January 2013
Buying or selling a secondary stake isn’t always straightforward. Robert Carlson and Stanley Liu explore some of the potential issues for all the parties involved.
6 min read · 15 January 2013
An overwhelming majority of investors who responded to a recent survey planned to maintain or increase their allocations to private equity, with high fees and a lack of transparency dissuading the remainder from committing more capital to the asset class.
3 min read · 15 January 2013
Chicago-based GTCR has one of the most prolific heritages in all of private equity, dating back to the 1980s. As the firm begins to deploy its tenth and largest fund, chairman Bruce Rauner is in the process of handing over leadership to the next generation of principals. Graham Winfrey meets Phil Canfield and Collin Roche, two of the three heirs to the throne.
10 min read · 15 January 2013
Does the sovereign debt crisis represent a clear and present danger to the future of European private equity? Or is it creating the most promising market conditions in 20 years? It depends who you ask, writes James Taylor
10 min read · 15 January 2013
Daniel Sherman is leaving DLA Piper to join Greenberg Traurig’s Atlanta office, where he will focus on public-private partnerships and infrastructure deals.
1 min read · 15 January 2013
At a public meeting last week, the San Diego Association of Governments presented two options for financing the $345m purchase of the South Bay Expressway. Residents and local officials showed nearly-unanimous support for the acquisition of the privately developed toll road.
3 min read · 15 January 2013
The Dallas-based private equity real estate giant prevails alongside Wells Fargo and JPMorgan Chase & Co with winning bids for the 248-strong US real estate loans portfolio.
2 min read · 15 January 2013
