Elm Capital First Half Newsletter 2019

September, 2019

The first half of 2019 saw the median of the highest prices for buyout funds rebound from the dip observed in H2 2018 back to recent historical levels
The median of the highest bids for buyout funds received by Elm Capital reached a level of 98% of Net Asset Value (“NAV”) in H1 2019
Transactions carried out in H1 2019 continued to evolve in diversity and complexity:

- Growing number of GPs accessed the secondary market to provide liquidity for their LPs and to secure additional time and capital to achieve the full potential value of their portfolio
- Secondary buyers continued to diversify their strategies beyond traditional LP fund commitments and expand the suite of liquidity solutions for GPs and LPs
- Funds of funds continued to liquidate vintages over 10 years old to wind down vehicles approaching end of life

Please use the form below to request a copy:

Fields marked with an * are required