News & Events

Corporate Partner Peter Gilman was quoted in a Law360 article titled, “Inside The Top 10 Private Investment Funds That Closed In Q1.” The article highlights the top fundraisings around the world in the first quarter of the year as well as the trends and factors that are driving private equity fund activity so far this year. In discussing the impact of the coronavirus, Peter noted that larger, diversified private equity firms are likely to have a competitive advantage relative to their single strategy, middle market peers, saying that “diversified funds and managers should be able to more easily adapt and capitalize on market dislocations across sectors and asset classes.” Peter also noted that he expects a resurgence in the secondaries market post-coronavirus, noting that “once valuations stabilize and there is more confidence in accurate pricing of secondaries portfolios, we will see an uptick in secondaries deals as a way for existing investors to achieve liquidity.”

To read the full article, please click here (subscription required).