Friday, 24 October 2014
Last updated 13 hours ago
May 2 2008 | 11:28am ET
London-based Headway Capital Partners has closed its second private equity secondaries fund, Headway Investment Partners II, at €150 million (US$233 million).
Like its predecessor, HIP II will pursue a broad range of secondary investments including limited partnership positions in p.e. funds and direct p.e. investments and minority in Europe and North America.
“Most sellers have a number of different goals, including but not limited to an attractive valuation for their assets,” said co-founder Laura Shen Lefranc. “A successful secondary transaction must effectively address each of these goals. Sometimes this requires creative structures that are not outright asset sales but that are more joint venture like.”
Headway was founded in early 2004 by Lefranc, Christiaan de Lint and Sebastian Junoy.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...