The 14 Dealmakers Investors Call to Offload Private Equity Stakes – ryan

This August, Perry Will Have Spent A Quarter Century Working for Strategic Partners, One of the Larger Secondaries Investors in the World. In that time, the firm’s ownership has Changed Three Times, from the Investment Bank Donaldson, Lufkin & Jenrette, to Credit Suisse, to, Finally, Blackstone in August 2013.

Perry, WHO LED negotiations for strategic partners, Alongside Stephen Can, Hisn Cohead and A Founding Partner, Described the Union with Blackstone AS “Aspirational.

Under His Leadership, The Firm Has Gown from 27 Professionals Managing $ 9 Billion in Asssets to 141 People Managing $ 87 Billion in Asssets.

“Over the Last 24 Years, we believe that my team has done more secondary deals than anyone Else,” Perry Said. “More than 2,200 deals, or one deal of Three Business Days, on Average.”

When Perry Started, Deals Could Be AS SMALL AS $ 100,000. Now they Could Range from $ 1 million to over $ 5 billion.

“We recently Completed what we waist to be the Larger Secondaries Deal in History,” Perry Said, Reference Strategic Partners’ $ 5.0 Billion Purchase of Private Equity From Major Pension Fund, Which A Person of the Matter Said Involved New York City. Teachers, Police Officers, and Other City Workers.

“It was $ 5 Billion Across Over 100 Underlying Funds, with Over 70 General Partners and Over 750 Underlying Companies,” He Said. “We had a matter of week to value that portfolio.”

While the team has deep expertise in lp-led transensions, it has synce expanded into gp-led deals, as well as real estate and infrastructure Secondaries-Each Supported by dedicated funds. Perry has played a key roles in that evolution, Helping Bring the Secondaries Market into the Broader Investment Mainstream.

“I am one of the spokespeople for this markets and have helped to put a face and a philosophy on what it is that we would,” Perry Said.