Unigestion, the boutique asset manager with scale that focuses on guiding its clients with risk-managed investment
\nsolutions, today announces that it has successfully held the first close of its fourth dedicated private equity secondaries fund,
\nUnigestion Secondaries Opportunities IV (USO IV). This fund represents a continuation of the secondaries strategy that
\nUnigestion has successfully deployed since 2000. The firm\u2019s two previous secondary funds, USO II and III, have each
\ndelivered strong performance, having benefitted from high quality investment opportunities at attractive valuations. USO IV
\nhas now received commitments in excess of EUR 177 million, which is almost 60% of the fund\u2019s target size. Unigestion is
\nseeking total commitments of EUR 300 million.<\/p>\n
USO IV seeks transactions at the smaller end of the secondary market, in which high-quality assets can be acquired at
\nattractive valuations. It focuses on small and middle-market funds, fund restructurings, secondary direct portfolios and
\nstructured transactions. It has a net return target of 1.6x cost \/ 20% IRR.<\/p>\n
Christophe de Dardel, Head of Private Equity, at Unigestion commented: USO IV seeks transactions at the smaller end of the secondary market, in which high-quality assets can be acquired at
\n\u201cWe continue to see compelling investment opportunities at the smaller end of the secondary market. Through a network of
\nfund managers, limited partners and deal introducers which we have developed over 20 years, we are able to source
\nattractively-priced deals on a bilateral basis. We expect dealflow to remain robust for the foreseeable future, especially as
\nthe large number of funds which were raised from 2006 to 2008 are now approaching the end of their lives and require
\nliquidity solutions for the existing limited partners.\u201d<\/em> <\/p>\n","protected":false},"excerpt":{"rendered":"
\nattractive valuations. It focuses on small and middle-market funds, fund restructurings, secondary direct portfolios and
\nstructured transactions. It has a net return target of 1.6x cost \/ 20% IRR.<\/p>\n","protected":false},"author":20,"featured_media":55301,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1687,1655,1723,1651,2007,1952,1901],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/55303"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=55303"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/55303\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/55301"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=55303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=55303"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=55303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}