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Rod James

Rod James is a reporter with Secondaries Investor and also contributes to sister title PrivateEquityInternational.com. He is based in the London office. Prior to PEI, his roles included a stint as a freelancer covering fintech and transaction banking, CEEMEA capital markets reporter with EMEA Finance magazine, and editor of the Latin American political and economic risk team at IHS Global Insight.
The small print of some recent deals is some of the most seller-friendly in the secondaries market. Could this new dynamic be here to stay?
conflict
The showdown between Dyal and some of its portfolio companies is a headache for LPs, some of whom find themselves enmeshed in a web of conflicts.
buy and build
Many companies need extra time and capital to continue making add-on acquisitions, according to the bank's head of secondaries Nash Waterman.
Pent up demand among secondaries buyers and LPs’ desire to manage their portfolios in the wake of covid-19 points to healthy transaction volumes in the year ahead.
A company subject to a secondaries transaction could have at least five layers of leverage acting on it, from LBO debt up to a fund-level capital call facility. We investigate the test posed by the coronavirus to these layers, each with their own dynamics.
dealflow
An apparent flurry of dealflow doesn’t mean they will all get across the line.
London
The London-based lender is working alongside a 'significant' American institutional investor, sister title PEI understands.
delay
An overhang of LPs wanting to sell stakes in funds could delay transfers in order to conform with publicly traded partnership rules.
pumpkin pie
GP-led processes were used to isolate top performing assets during the bull market, so why not the opposite now?
The limited partner body’s guidance on GP-led fund restructurings is designed to create an industry standard for the execution of these deals, but how effective has it been in practice?
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