September 2023

We look at the past month’s hedge performances and a selection of stories to have crossed our desks, from 'record’ fundraisings, the growing war for talentfailed bidslegal actions, popularity of private credit, charity donations and much more.

For our secondary features:

  • Tyrus Capital’s Gunter Waldner gives a great overview of where the secondary market currently sits, which he describes as being “the most attractive environment for secondary buyers since the GFC.”

  • With Hedgebay Securities being around since 1999, Andrew Kurian is well-positioned to write about the evolution of the space and the importance of secondary liquidity.   

  • Multiplicity Partners’ Andres Hefti looks at a selection of the more interesting “niches” in the secondary market.

  • PwC’s David Selden, Nick Jones, Albertha Charles and Jeremy Evans combine to write about third-party valuations in the secondary market.

There has been plenty going on in the regulatory space, particularly with the SEC adopting proposed rules for private fund advisers.  RQC elaborates. 

We also have a brilliant new monthly section, Letter from America, written by Prosek’s Mark Kollar.