- 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
- Private equity
- Perspectives
How can investors avoid missing out on attractive new investment opportunities when distributions from prior investments remain so lacklustre? While exit activity in Q3 was flat vs. Q2, exit volume over the year-to-date remains more than 20% down vs. the same period in 2023.
[…]- Equities
- Webinar
The Unigestion Equities team showcases the latest progress they have made in leveraging AI to improve risk and alpha forecasts, and details how they have embedded these innovations into portfolio construction techniques.
[…]- Corporate
- Press releases
Unigestion, the global boutique asset manager specialising in seeking out tomorrow’s private equity champions, has awarded its inaugural 2024 Emerging Manager Fund Raising of the Year Awards to Integrum and Vidia Equity.
[…]- Private equity
- Webinar
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. Our webinar, ‘Why discounts don’t matter’ explores many of these factors and looks at why discounts may just be nice window dressing.
[…]