- Private equity
- Events
- Webinar
Thank you to all who attended our private equity webinar on 1 October 2024, ‘Why discounts don’t matter’.
Through our discussion with Paul Newsome, Ralph Büchel, Anton Steidl and Nick Kavanagh, we found that headline discounts hardly say anything about a secondary deal. Indeed, there are many other factors which are important when executing a high quality secondaries strategy including the following:
Be an insider. It’s very important to have a deep understanding of what you are buying. Secondaries investors who have a primary platform and existing GP relationships have a key advantage.
Don’t shy away from concentration. Concentration and quality often go hand in hand and it requires a team who can do true bottom up underwriting.
Focus on what investors want: DPI generation and consistent returns. Discounts can be nice window dressing, but the real metrics for investors are other things: quick deployment, DPI generation, low volatility and consistent returns across a very dynamic and rapidly changing secondary market environment.
The full webinar can be made available upon request. Please get in touch with us at clients@unigestion.com
We look forward to seeing you again for our next webinar!
Related insight
- Equities
- Webinar
Watch as our excellent panelists, Fundamental Analysts Fleura Shiyanova and Joachim Hermann, dissect the potential impact of renewed trade tensions, policy volatility and market sentiment swings – all hallmarks of the Trump playbook.
[…]- Equities
- Perspectives
Emerging managers, those who are launching their first or second funds, are often viewed sceptically by investors. However, these perceptions are often rooted in myth, not reality.
[…]- Corporate
- Press releases
Unigestion, the asset manager focused on private equity’s mid-market leaders, has announced the first close of its third Emerging Manager Choice Fund (EMC III) at EUR 275m. This first closing comes at more than two-thirds of the Fund’s EUR 400m target size.
[…]- Private equity
- Perspectives
The start of 2025 has proved something of a rollercoaster ride for investors. Deal making in the first quarter of 2025 did not have the momentum many had predicted at the end of 2024.
[…]