Madeleine Farman
While the exact size of the portfolio is unclear, affiliate Secondaries Investor understands the portfolio could range around the $5bn and $6bn mark.
Conference-goers at the BVCA’s secondaries conference mulled over the market’s future, with bifurcation at the heart of some predictions. Madeleine Farman of affiliate title Secondaries Investor was in the audience.
Expert comment: The secondaries market is shrouded in uncertainty after tariff-related volatility. There are, however, reasons to remain upbeat over the longer term.
Investors believe uncertainty caused by US President Donald Trump's tariff policies could postpone a thaw in exit markets, compounding existing fundraising challenges.
In this nine-minute interview, Alaska Permanent Fund's deputy CIO says prioritising distribution ratios as a metric will cause GPs to do 'very unnatural things'.
Liquidity management is 'more complex than it seems' for products targeting the wealth channel, according to the firm's global head of private wealth solutions.
The process comes at a time of increased momentum for GP-led credit deals with a number $1bn-plus transactions closing last year.
The US public pension's offloading of around $2bn in credit fund stakes marks the latest sizeable deal in the maturing market.
The strategy is the firm's fastest growing unit from a headcount perspective, according to chief executive David Layton.
Abry Partners’ move to seed a new private credit strategy via a continuation fund marks the latest credit secondaries deal used to kick start a new business line.