Side Letter: Pricing above par
In today's edition, Trophy assets are commanding premiums in the secondaries market; Moelis taps Lazard for its private capital advisory buildout; Temasek-linked Azalea raises a smaller fund of funds.
In today's edition, Trophy assets are commanding premiums in the secondaries market; Moelis taps Lazard for its private capital advisory buildout; Temasek-linked Azalea raises a smaller fund of funds.
BELLINGS Intelligence Score: 15
Why it matters
Pricing above par in the secondaries market for trophy assets is notable within private capital but represents routine market activity without broad systemic impact or novel structural change.
Sources
Private Equity International
Side Letter: Pricing above par
In today's edition, Trophy assets are commanding premiums in the secondaries market; Moelis taps Lazard for its private capital advisory buildout; Temasek-linked Azalea raises a smaller fund of funds.