Andres Hefti writes about finding attractive niches in the secondary market.
Category: Multiplicity insights
Life settlements: Marked-to-myth
In 2020, we saw some large life settlement funds suspend their investors’ redemption rights, exposing a significant liquidity mismatch inherent in these open-ended funds.
Opportunities in insurance-linked fund secondaries for 2021 and beyond
Partner Andres Hefti talks with reinsurance veteran Sandro Kriesch (Kriesch Advisors) about liquidity solutions and secondary investments in insurance-linked securities (ILS) funds. In their
Multiplicity’s approach to niche secondaries
Please watch this short video to learn what sets our company apart in terms of private market niche investments. Multiplicity has positioned itself as
PE secondary market update Q3/2019 – pricing and volume
In this edition of Multiplicity Insights we conclude that average discounts to NAV widened slightly by year-end 2018 for buyout, venture, and private equity fund-of-funds. Multiplicity’s
Distressed assets: The waiting game continues
Yes, the next downturn is going to come. But who knows when. By now, investors have started exhibiting signs of fatigue hearing and reading that
PE secondary market update Q1 /2019 – pricing and volume
In this article we conclude that average discounts to NAV for buyout, venture and private equity fund-of-funds continue to narrow. Multiplicity’s Secondary Market Value
Distressed assets market update
It’s a sellers’ market for distressed assets, across troubled bonds, bankruptcy claims and NPLs. Record amounts of dry powder keep pricing extremely firm. Waiting
Private equity secondary market update – pricing and volume
In this article, we conclude that the private equity secondary market is as strong as ever and that there are even suitable buyers for
Private equity secondary market update – sellers’ motivations
There is a range of motivations to sell certain LP interests in the secondary market, just as there are many reasons to invest into