During the last few years, general partner-led secondary transactions have evolved and are no longer just associated with GPs trying to dispose of lingering assets that have become hard to sell. Increasingly, GP-led secondaries are used to create for both PE fund sponsors and their LPs liquidity solutions with more attractive valuations than regular dispositions of funds’ assets. In a PE Hub Canada feature article, Torys LLP Partners Venera Ziegler, Scott Semer and Andrew Beck and Senior Associate Batya Nadler look at key issues associated with GP-led secondary transactions as well as related guidelines released by the Institutional Limited Partners Association for sponsors and LPs.
This month we saw activity in a segment of the dental field that’s largely flown under the radar. Of course, private equity’s love for all things dental is no secret. Rather, it’s among the most hotly pursued areas and the most mature areas of investment in retail health. But most activity we’re talking about involves […]
LPs are a conservative bunch. As much as they complain about the things they don’t like about GPs, they’re not big on change. And not much will prevent them from opening their wallets to the best performing managers. This is the case with a lot of issues in the PE world — fee structures, for […]
PE works to transform healthcare through new breed of companies
How the ‘selfie obsession’ is making waves in the dental market
TCV-backed HireVue goes up for sale; Court Square offers LPs the option to commit to fund with subscription line; Caryle latest to switch to C-corp
Factory floor to private equity manager: a first-time funds story
I can’t tell you how many times I’ve heard that one of the vital aspects limited partners want to see out of a debut firm is that the new manager is building a business, not just collecting money to go invest. Creating a robust back office capable of handling legal, accounting and compliance issues is […]
Sponsors look to reinvent urgent care
Welcome to our quarterly wrap up issue, which could just as well be called “view from the peak.” What we saw in the second quarter, just like in the first quarter, is strong deal activity driven by aggressive GPs, and hyper fundraising boosted by hungry limited partners. It’s all a function of the strong markets, […]