Archive for the Saints News Category

Tail-End Funds: Should End Of Life Be A New Beginning?

Tail-End Funds: Should End Of Life Be A New Beginning? The top challenges of the private equity business model have always been threefold: replenishing the coffers every four to five years, deploying capital successfully in the investment period and harvesting investments at the peak of their valuations. Underlying these […]

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Hedge Funds Pumped Up Silicon Valley. Now They Are Pulling Out.

Hedge Funds Pumped Up Silicon Valley. Now They Are Pulling Out. In recent months, venture capital firms and mutual funds have become choosier about which technology startups they’re prepared to back. Now hedge funds, after helping push valuations to dot-com-era heights, are getting more picky, too. Last […]

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Secondary Shops Flooded With Unicorn Sellers

 Secondary Shops Flooded With Unicorn Sellers Until recently, shares of some of the highest-flying unicorn companies have been so hard to come by that secondary buyers have battled each other, not to mention other investors, to acquire some of the startups’ common shares. As the fortunes of […]

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The Rise Of Direct Secondaries

The Rise Of Direct Secondaries A generational boom in fund liquidations could prompt an explosion in direct secondaries activity. When direct secondaries firm Cipio Partners announced it had made its 19th exit from its latest fund this week, an executive from the firm told Secondaries Investor that […]

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Will Secondaries Exchanges Gain Ground?

Will Secondaries Exchanges Gain Ground? While most traditional secondaries market participants scoff at electronic exchanges’ impact on their strategies, some are engaging with them on behalf of their portfolio companies.  Nasdaq’s recent purchase of SecondMarket – one of a number of platforms that have launched over the […]

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NASDAQ Acquires SecondMarket To Help Startups Sell Shares

NASDAQ Acquires SecondMarket To Help Startups Sell Shares NASDAQ has agreed to buy SecondMarket Solutions to combine forces with the NASDAQ Private Market. The group will facilitate the exchange of shares for private companies, including DocuSign, Pinterest, Shazam and Tango. Bill Siegel, present CEO of SecondMarket, will […]

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Why Direct Secondaries Investors Shun ‘Unicorns’

Why Direct Secondaries Investors Shun ‘Unicorns’ Facing competitors with deep pockets and inflated valuations, many traditional direct secondaries investors are steering clear of shiny ‘unicorns’. So-called ‘unicorns’, venture capital-backed startups whose valuations have reached $1 billion or more, have transformed a whole corner of the direct secondaries […]

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PE Data Snapshot

Median PE Fund Life Hits Record 13.2 Years According to a Palico analysis of funds dissolved in 2014, the lifespan of the median private fund – across all sectors and geographies – has reached an unprecedented 13.2 years, up from 11.5 years in 2008. Only some 12 […]

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Saints Capital Closes Another Secondary-Direct Deal in Europe

Saints Capital provides liquidity solution to Star Ventures’ Limited Partners by acquiring remaining growth-stage private equity assets Saints Capital Hannover L.P, an affiliate of Saints Capital, a leading global secondary direct investor, acquired control of 20 separate assets for an undisclosed sum from an affiliate of Star […]

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Ken Sawyer Speaks on “Ad Tech in 5 Years” Panel at RampUp 2013

RampUp 2013: Ad Tech in 5 Years Hundreds of marketers and ad tech leaders came together to discuss the convergence of offline and online data. A few key points from the panel: Sawyer expressed an overall optimism, calling ad tech “this generation’s ERP [Enterprise Resource Planning].” However […]

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