Powered by

Greenhill to tack on Cogent for secondary market deals

Feb 10, 2015 - The Deal Pipeline
Financial Results

Advisory shopGreenhill & Co. (GHL) announced on Tuesday that it had agreed to pay as much as $97.6 million for Cogent Partners LP, expanding its advisory presence in the secondary market for alternative assets.

"The volume of secondary fund transactions has been increasing ... and there has also been significant growth in funds focused on secondary transactions," Greenhill CFO Christopher T. Grubb told The Deal. "[Cogent is] really the market leader in this business and has been known to m...