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direct secondaries

LPs stepping back from secondaries going into 2018

Despite buoyant fundraising, the number of LPs actively investing in secondaries funds fell from last year, according to a survey by Probitas Partners.
Christiaan de Lint

Finding beauty in complexity

Headway Capital Partners’ Christiaan de Lint says his firm, with its knack for direct secondaries, relishes ‘handling deals that other secondaries buyers don’t like’.

Greenspring back with third VC secondaries fund

Baltimore Fire and Police is mulling a commitment to the vehicle.

Wisconsin’s EWM launches fund for unicorn secondaries

Endowment Wealth Management, a financial advisor from the American mid-west, has already bought six stakes in startups valued at more than $1bn.

Vintage promotes two to partner

The VC-focused fund of funds made six promotions across its investment and operations team as it continues to deploy secondaries Fund X.

Neuberger Berman backs Fondo Italiano spin-out

The investment firm has acquired minority direct stakes in the fund's portfolio companies and will work with the Italian manager to raise a country-focused fund.
Exit sign - iStock

Headway makes 2x exit on French animation studio

The firm, which focuses on smaller, more complex secondaries deals, has nearly fully invested its third fund and is halfway to raising a fourth.

Verdane makes ninth investment from latest fund

The Nordic direct secondaries specialist has invested 40% of its 2016-vintage fund, Secondaries Investor has learned.

Challenges and opportunities in European direct secondaries

Cipio Partners' Roland Dennert discusses the kind of deals he is seeing, the problem with unicorns and how a maturing tech industry is likely to mean larger funds in future.

Terra Firma direct secondaries head departs

Michele Russo, a Doughty Hanson and Lazard veteran who joined the buyout firm as a managing director, has left after over one year in the role, Secondaries Investor has learned.