Adam Le
A recent report shows GPs may have developed tricks to downplay the underperformance of some assets, resurrecting the question of how much wiggle room is needed in valuation processes.
The pandemic is an opportunity to return to a 'better normal', according to Yoshitaka Todoroki, who oversees PE and infra at the $1.5trn Japanese pension giant.
This year’s health crisis has made single-asset transactions more appealing for a host of reasons.
The founder and chief investment officer of Coller Capital says the secondaries firm will focus on real assets, including natural resources, amid shockwaves created by Brexit, the Trump administration and emerging-market concerns.
Deal and exit value fell last year, while the mountain of undeployed capital – dry powder – hit a record high, according to Bain & Co.
The global investment manager has already made one secondaries deal from its latest fund of funds in the strategy.
The vehicle has acquired stakes in Latin American agribusiness funds, as well as interests in a secondaries fund.
Terra Firma is working on a tender offer which will allow investors to exit its third fund, which holds the Australian beef producer.
The subsidiary of Deutsche Börse became custodian of a stake in a 2013 agri fund as part of its acquisition of Citco's hedge fund custody processing business.
Stafford Capital Partners will invest in dairy, beef and row crops, and is splitting its commitments between primaries, secondaries and co-investments.