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New York Life

YEAR: 2022
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Campbell Lutyens was exclusive financial advisor to New York Life, facilitating the secondary sale of a number of private credit limited partnership interests for $370m.

CL worked with New York Life to establish how each fund should be priced before engaging its extensive network of pre-qualified secondary buyers. CL then ran an auction process.

New York Life engaged CL in May 2022 and the deal closed in December 2022.

The client’s desire for a price maximizing sale within an efficient timeframe was a crucial factor for us when determining our strategy. As such, we engaged a targeted pool of specialists investors with known appetite for secondary private credit exposure. Based on our extensive pre-marketing underwrite, we structured and executed a process that delivered an outlier price for our client in a challenging market."

Fred Han, Managing Director