In a recent FundFire article, Bart Molloy comments on how LPs are managing their GP relationships. While there are challenges for new managers, Bart notes, “If their quality truly is there … we’re still finding those funds are getting raised.”
Monument Group’s Karl Adam commented in a recent PitchBook article about LP interest in separately managed accounts. Karl notes that while the structure is not new, SMAs have become more prevalent as some larger LPs pursue deeper and more strategic relationships with GPs.
What will fundraising and secondaries activity look like this year? In a recent AltAssets article, Monument Group's Janet Brooks shares her 2024 outlook.
Asia Partners, a Singapore-based growth equity investment firm, is today announcing the final close of its second fund, Asia Partners II LP, at US$474,000,000 in commitments.
The secondary market has grown quickly from a niche marketplace to an important portfolio management tool for private market investors looking to proactively balance their programs. Utilizing the secondary market has become a common and an effective solution for LPs to achieve their overall portfolio goals.