Hannah Zhang
The transactional nature of semi-liquid fund structures can place a lower importance on relationship building between investors and their managers, says Nicole Musicco.
While the exact size of the portfolio is unclear, affiliate Secondaries Investor understands the portfolio could range around the $5bn and $6bn mark.
The credit secondaries market is being rolled out 'on steroids', says Coller’s Michael Schad in a Secondaries Investor podcast.
In this podcast, two early pioneers in credit secondaries discuss what’s fueling manager interest in the space and share their views on where the market is headed next.
Expert comment: The secondaries market is shrouded in uncertainty after tariff-related volatility. There are, however, reasons to remain upbeat over the longer term.
The US university that pioneers the 'endowment model' is selling its PE investments in the secondaries market for the first time.
The multi-asset CV was among several billion-plus GP-led processes that hit the market last year as firms sought to generate distributions for LPs.
The secondaries market remains the key mechanism for facilitating changes at speed, says Coller Capital's founder and CIO.
Credit represented $3.1bn of the total $7.9bn raised during the quarter
The $257bn pension has been seeking alternatives to secondaries sales to avoid taking massive discounts in such transactions.