News

07/04/11

A bumper 2011 for the secondary market

A bumper 2011 for the secondary market. This is the prediction of leading research firm Preqin published in their March special report entitled “Secondary Market Outlook”. Whilst the report focuses predominantly on PE investments, Shelley capital believes that most of the trends apply to the secondary market of hedge funds as well. Read on

22/02/11

Shelley’s fund supply grows to $960 million

Enquiries from sellers and buyers of illiquid assets have risen sharply since January, with sellers resolved to clean up their portfolios. Among the mandates won by Shelley in the last few weeks, a feature has been a greater supply in fund-of-funds, and in ABL strategies. Our current supply exceeds $960 million of illiquid hedge funds and side pocket assets. Please register to view our full supply list. Read on

24/01/11

Up to $100BN of illiquid hedge fund investments yet to be sold or liquidated

During the GAIM USA secondary panel discussion, the panel was asked to comment on the size of the secondary market of hedge funds and the amount of illiquid hedge fund assets still outstanding. Estimates ranged from $40BN to $100BN of illiquid hedge fund investments yet to be sold or liquidated. As the most liquid assets have been sold and cash returned by hedge funds, the remaining side pocket assets will take longer to liquidate, prompting more investors to turn to the secondary market.