Secondaries Update Download Data  Secondaries Update

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  The Facts Secondaries Update Download Data  Secondaries Update

Olivia Perry takes a look at investors that are interested in acquiring stakes in buyout vehicles on the private equity secondary market.

Fig. 1: Five Largest Investors Interested in Buying Buyout Funds on the Secondary Market by Assets under Management

Assets under Investor Type Headquarters Management (bn) Prudential Financial Insurance Company US 1,204 USD Abu Dhabi Investment Authority Sovereign Wealth Fund United Arab Emirates 773 USD MetLife Insurance Company Insurance Company US 525 USD ABP Public Pension Fund Netherlands 359 EUR Meiji Yasuda Life Insurance Company Insurance Company Japan 39,165 JPY

Source: Preqin Secondary Market Monitor

Fig. 2: Investors Interested in Buying Buyout Funds on the Fig. 3: Investors Interested in Buying Buyout Vehicles on Secondary Market by Investor Type the Secondary Market by Investor Location

Private Equity Fund 4% of Funds Manager 9% 26% Public Pension Fund North America

41% Secondary Fund of Europe 45% Funds Manager

3% Insurance Company Asia-Pacific

8% Asset Manager 41% Rest of World

11% 11% Other

Source: Preqin Secondary Market Monitor Source: Preqin Secondary Market Monitor

Fig. 4: Recent Secondary Transactions Involving Buyout Funds in Q2 2016

Fund Buyer Seller Goldman Sachs AIMS Private Graphite Capital Partners VII Argentum Asset Management Equity Metal and Engineering Bridgepoint Europe II Coller Capital Pension Fund Howard Hughes Medical Apax Europe VII ACG Capital Institute Employees' Retirement Charterhouse Capital Partners IX Lexington Partners System of Texas

Graphite Capital Partners VI LGT Capital Partners Diageo UK Pension Plan

BC European Cap IX, BC European Cap VIII, EQT V, EQT VI, Phoenix Ontario Teachers' Pension Ardian Equity Partners 2006 Fund, Phoenix Equity Partners 2010 Fund Plan

Bridgepoint Europe III, Charterhouse Capital Partners VII DB Private Equity GIC

August Equity Partners II, EQT V, PAI Europe V Partners Group Santander Private Equity

Source: Preqin Secondary Market Monitor