Most of you will probably be familiar with the Institutional Limited Partners Association - or more commonly referred to, ILPA, the global, non-profit, member-driven organization whose mission is to advance the interests of over 550 member institutional investors from more than 50 countries representing over 2 trillion dollars into Private...

It is no secret that in 2020 the private equity secondary market was dominated by GP-led fund restructurings. Estimates suggestthat these transactions approximately doubled their share of secondary trades last year, from around one-third to potentially as much as half to two-thirds of the overall market. Only a few years ago, these deals were...

Palico’s latest survey of limited partners who purchased stakes in closed funds over the last six months generated pricing for 35 funds. This selection of funds showed an average valuation of 101 percent of net asset value (NAV). Measured in terms of median, typical pricing has held steady since last year at 101 percent of NAV. However, this...

As a category endowments and foundations (E&Fs) include some of the most sophisticated and prominent institutional investors. They have long been known for successfully generating outsized returns from top-quality investment programs. Now, in 2020, E&F investment portfolios are being relied on even more to support underlying operations that...