SecondaryLink details the firm's full-year secondaries activity, including earnings growth, fundraising, and performance.
The management buyback closes out AMG's investment in the former Comvest business, with total proceeds of about $294 million.
In this episode of How To SaaS's podcast, Dustin Ackerman of Future Standard talks secondaries and backing GPs, including how to turn existing sponsor relationships into a steady investment pipeline.
The private equity veteran developed the firm's secondaries strategy, leading three transactions across tail-end portfolios, early secondary deals, and a CV.
Alexander Mejia and Jeremy Duksin are reportedly joining as Co-Heads of Private Capital Advisory solutions, with a focus on expanding the bank's presence in secondaries.
The firm's lower fees in its flagship secondary funds will be offset by growth in its private wealth assets, according to CFO David Park.
The firm is looking to match the size of its predecessor, which closed in 2023 with $22 billion in capital commitments.
The firm plans to adjust the fee structure in its flagship secondaries funds to better align with prevailing market practices.
The firm's secondaries business topped the $100 billion AUM milestone during the first quarter.
The firm's tenth vehicle, which is targeting at least $22 billion in size, arrives as Blackstone's secondaries deployment reaches record levels.
