SecondaryLink

Explosive Growth of the Secondaries Market. In the latest episode of The Private Equity Podcast, host Alex RAWlings of Raw Selection asks Richard Brekka of Second Alpha Partners about the VC direct secondary market and his unique focus on pre-unicorn companies. #Secondaries #SecondaryMarket #AlternativeInvestments #PrivateMarkets #Venture #VentureCapital #VC https://lnkd.in/efNMJiDt

AlpInvest Partners closes $1 billion collateralized fund obligation. The offering gives investors exposure to funds across the firm’s PE secondaries, portfolio finance, and co-investment strategies, along with two recently completed PE secondary deals. Michael Hacker #Secondaries #SecondaryMarket #AlternativeInvestments #PrivateMarkets #Deals #Fundraising https://lnkd.in/euEcU7b7

Keyhaven Capital Partners makes two new appointments to the Investor Relations team. The firm strengthens the team with Patrick Gibson’s secondaries experience and Birgitt Schmidhofer’s marketing background. #Secondaries #SecondaryMarket #AlternativeInvestments #PrivateMarkets #HiringandPromotion #FinanceJobs https://lnkd.in/eHNsgeqk

Patria Private Equity Trust PLC executes £180 million secondary sale. “As manager of PPET, we are continually monitoring both buy-side and sell-side opportunities in the secondary market,” said Alan Gauld, Lead Investment Manager at Patria. Alan Devine | Alan Gauld #Secondaries #SecondaryMarket #AlternativeInvestments #PrivateMarkets https://lnkd.in/eGC6uhb3

Accel ventures further into secondaries, embracing heightened regulations. The firm follows suit with other major VC players like Sequoia Capital, Bessemer Venture Partners, Andreessen Horowitz, and Lightspeed Venture Partners. #Secondaries #SecondaryMarket #AlternativeInvestments #PrivateMarkets #Venture #VentureCapital #VC https://lnkd.in/gM2Syphc

Various liquidity solutions exist in GP Stakes, but cash flow focus is crucial. In the latest Alt Goes Mainstream episode, Michael Sidgmore speaks with Blue Owl Capital’s Sean Ward about the strategy and evolution of GP Stakes investing, as well as its intersection with secondaries. #Secondaries #SecondaryMarket #AlternativeInvestments #PrivateMarkets #GPStakes #GPStake https://lnkd.in/eC8pt4Rq

LGT Capital Partners closes Crown Europe Small Buyouts VI at EUR 750 million, exceeds target. “These primary fund commitments are complemented by secondary transactions and co-investments, leveraging the firm’s global platform and deep relationships with private equity fund managers,” LGT said in a statement. Cem Meric | Dominic Abt #Secondaries #SecondaryMarket #AlternativeInvestments #PrivateMarkets #Fundraising #PrivateEquity #PE https://lnkd.in/eP6gT4d4

Adams Street Partners closes 2024 Global Fund Program at $1.1 billion, nearly 34% higher than predecessor. The program gives exposure to private equity and private credit secondaries alongside other strategies. Jeffrey Diehl |  Miguel Gonzalo #Secondaries #SecondaryMarket #AlternativeInvestments #PrivateMarkets #Fundraising https://lnkd.in/eg9UUMk2

Returns Revealed: Abbott Capital Management Secondary Opportunities. SecondaryLink outlines the IRR and TVPI of three Abbott Capital Secondary funds. Meredith Rerisi | Wolf Witt | Declan Feeley #Secondaries #SecondaryMarket #AlternativeInvestments #PrivateMarkets https://lnkd.in/ghPrstak

SecLink People Moves: Highlighting the new hires, role changes and promotions across the secondary market. NEW HIRES: Travis Escobedo: Managing Director, Capital Formation, TZP Group ➡ Head of Capital Formation, New 2ND Capital (See full story here: https://lnkd.in/eG3_fcRX) Justin Karp: Managing Director, Golub Capital ➡ Managing Director, The Carlyle Group (See full story here: https://lnkd.in/esTz9Dix) Erik Mermet, CFA: Business Development Director - Global Institutional Clients, Sarasin & Partners LLP ➡ Global Head of Business Development, Goanna Capital Management (See full story here: https://lnkd.in/ejFG4_9q) Naval Unwalla, CPA: Director of Operations, Espresso Capital ➡ Director – Investment Finance, Dawson Partners Chris Wilson: Head of Fund Finance & Operations – LP Secondaries, Intermediate Capital Group (ICG) ➡ Finance Director, Hollyport Capital Loucas Charalambous: Vice President, EMEA Equity Capital Markets, Bank of America Merrill Lynch ➡ Vice President, Infrastructure Secondary Advisory, Campbell Lutyens Qun Han Tan: M&A Assistant Vice President, SMBC Nikko Securities Inc. ➡ Secondary Advisory, Campbell Lutyens Kate Malcolm: Sr. Principal, Private Equity, Alberta Investment Management Corporation (AIMCo) ➡ Sr Principal, Asset Management – GP Coverage, Dawson Partners Grantland Nichols: Associate Manager of Revenue Operations, Verusen AI➡ Business Development Associate, Goanna Capital Management (See full story here: https://lnkd.in/ejFG4_9q) Kevin Yun: Investment Professional, BPEA ➡ Vice President, Goanna Capital Management (See full story here: https://lnkd.in/ejFG4_9q) Mildred Villedas: Deal Assistant, PJT Partners ➡ Analyst, Capital Formation and Investment Relations, New 2ND Capital (See full story here: https://lnkd.in/eG3_fcRX) PROMOTIONS AND ROLE CHANGES: Alyson Pulley: Associate ➡ Liquidity Solutions Sales, Goldman Sachs Make sure to comment below anyone we missed! If you're interested in learning about all the latest employment opportunities in the secondary market, take a look at our SecLink Job Board (https://lnkd.in/eUi9W8Kf). See the firms that are hiring, for which roles, at what compensation levels, and more! #Secondaries #Secondary #SecondaryMarket #AlternativeInvestments #PrivateMarkets