Secondaries

Gerry Grimstone will step down as chairman of Candover Investments as the investment team breaks away to form a new entity, Arle Capital Partners.

Former Goldman exec Martin Chavez has co-founded New MainStream Capital, which has $250m to invest.

Money may be starting to flow back to limited partners, but those with younger private equity portfolios continue to feel the pinch.

Incoming regulations on both sides of the Atlantic are expected to fuel a global secondaries bonanza. Nicholas Donato and Toby Mitchenall ask whether the hype is justified.

Kevin Albert, who joined Pantheon recently, left Elevation Partners because of uncertainty surrounding its ability to fundraise.

After a lacklustre 2009, the secondaries market is marking a return to (booming) business as usual, finds Amanda Janis.

The $102bn pension board voted to ‘rescind’ approval to buy an LP stake in Huntsman Gay's $1.1bn debut fund after failing to come to agreement with the seller.

Some LPs mistakenly think they’re committing to outperforming managers, according to a recent white paper.

Goldman and Lexington have reportedly been beneficiaries of the secondaries-focused mandate.

Daniel Patracuolla of Duff & Phelps examines the valuation issues pertaining to distressed debt investing. An excerpt from PEI Media’s new book: The Definitive Guide to Distressed Debt and Turnaround Investing: A comprehensive resource for making, managing and exiting investments in distressed companies and their securities.