Secondaries

Ex-Nuveen APAC chief builds new investment firm, eyes GPs

Simon England-Brammer’s new venture, which has been quietly establishing a track record and client base, is open to investing in private credit and private equity via asset managers.

Credit secondaries gains traction among Korean LPs

A growing number of LPs in South Korea see secondaries as an opportunity to invest in credit at a low price with downside protection.

Samsung Asset Management eyes credit secondaries, co-investments

Such opportunities ‘can provide us with some downside protection against the macro flows rather than going with the flow as part of the herd’, says head and OCIO Seong Sup Cho.

Ares, Antares close $1.7bn continuation vehicle

CV will comprise over 300 first-lien loans originated and managed by Antares.

Davidson Kempner: Opportunistic credit could benefit from ‘capital structure reset’

Stress in private equity funds and portfolio companies could open up opportunities for opportunistic credit managers, DK’s white paper argues.

Cliffwater CIO: Time to reconsider NAV ‘squeezing’ in secondaries

The asset manager’s investment chief cites ‘weird time arbitrage’ that the practice causes for evergreen investors who buy into vehicles at similar points.

Tikehau latest manager to close credit secondaries fund as market fires on all cylinders

Tikehau’s second credit secondaries-focused fund closes on more than $1bn having launched in the second half of 2023.