Illegal Activity
none
Blackmail
none
Date
2018
Document Type
report
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document is a report analyzing the secondary private equity market, focusing on pricing trends and investment strategies. It highlights the growth drivers of the secondary market and Glendower Capital's approach to fund and asset selection.
Metadata
- Subject
- Glendower Capital Secondary Opportunities Fund IV, LP
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0039725
- Date
- 2018
Relationships 1
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Glendower Capital Secondary Opportunities Fund IV, LP | Fund managed by | Glendower Capital | Glendower Capital manages the Glendower Capital Secondary Opportunities Fund IV, LP |
Notable Quotes 3
The growth of the primary private equity market together with an increased propensity to trade will be the two key drivers of the continued growth of the secondary market as a derivative of the primary market.
Pricing in the Secondary market is a key factor that sellers consider when evaluating a decision to potentially transact. In 2017, the average headline high bid across all strategies remained strong at 93% of NAV.
It is Glendower's opinion that staying focused on bottom-up fund and asset selection, often resulting in acquiring one or only a few funds from a given seller, may result in the ability to generate stronger performance than larger portfolio purchases.
Financial Information
Amounts:US$1.8 trillionUS$1.0 trillionUSS2.8 trillion93% of NAV99% of NAV
Assets:
- Total PE assets
- Buyout funds
- Unrealized assets
Transactions:
- Secondary market transactions are typically priced with reference to the net asset value of an LP interest as of the latest reporting date, the Record Date.
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
Organizations 6
Pacific Life Insurance CoGlendower CapitalGlendower Capital Secondary Opportunities Fund IV, LPGreenhillPreqinCow Jones
Text Analysis
- Tone
- Informative, analytical
- Purpose
- To provide information and analysis on the secondary private equity market and the Glendower Capital Secondary Opportunities Fund IV, LP.
- Significance
- Provides insights into the secondary private equity market, pricing trends, and investment strategies.
File Info
- File Name
- EFTA01355022.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:13.344725
- DOJ Source
- View on DOJ