Nigel Dawn

Global Head of Private Capital Advisory, Evercore · 1 appearance on the record.

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executiveinvestorLinkedIn ↗evercore.com ↗

He leads Evercore's Private Capital Advisory group, advising institutional investors, sovereign wealth funds, and private equity sponsors on secondary market transactions and continuation vehicles. Prior to Evercore, he co-headed the Private Funds Group at UBS Investment Bank, where he founded its secondary market advisory business.

29statements → 19claims → 13claims resolved → 92%fully supported → 3.52/5average certainty → 1.76/5average debate potential → ≈4.5/5argument clarity, estimated →

12 supported 0 partly supported 1 contradicted 1 not yet assessed 5 not checkable as stated how the 19 claims stand · each chip opens the sources

5 predictions · 14 assertions · 10 insights · every statement was checked. The predictions and assertions are the 19 claims: statements the public record can support or contradict. 13 are resolved, 1 is not yet assessed, and 5 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Nigel argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Prediction Held up
Dawn: PE secondary market volume in 2024 will top $130 billion record
“2021, which is a high watermark up to this point is about one 30. And I suspect we will beat that number this year.”
Nigel Dawn Apr 8, 2024 ▶ 12:54 Nigel Dawn - Secondaries in Private Markets (EP.378)

Their most notable contradicted claim

Assertion Contradicted
Dawn: Cogent Partners was the only PE secondary market advisor in 2001
“So when I first found out there's only one advisor and they were a startup in Dallas called Cogent Partners.”
Nigel Dawn Apr 8, 2024 ▶ 8:26 Nigel Dawn - Secondaries in Private Markets (EP.378)

Expressed certainty vs assessment result

none yet certainty 1
none yet certainty 2
100% certainty 3
86% certainty 4
none yet certainty 5

weighted support: a fully supported claim counts one, a partly supported claim counts half. Each filled bar is clickable and opens exactly those claims; "none yet" means nothing said at that certainty level has resolved yet

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Nigel Dawn on measured tape to publish a rate. This says nothing about how they speak.

Everything Nigel Dawn said on Capital Allocators that made the record, most notable first. Filter by type, assessment or year in the ledger →

Assertion Not checkable as stated
Dawn: Over-allocated public pensions are driving relative value secondary sales
“More relative value transactions are being executed these days, particularly with, I would say, public pensions who are over allocated to private equity compared to their benchmarks.”
Nigel Dawn Apr 8, 2024 ▶ 16:08 Nigel Dawn - Secondaries in Private Markets (EP.378)
Assertion Supported
Dawn: Continuation fund transactions represented around 10% of exits in 2023
“Sponsor to continuation fund channel, which was around 10% of exits last year.”
Nigel Dawn Apr 8, 2024 ▶ 22:19 Nigel Dawn - Secondaries in Private Markets (EP.378)
Assertion Supported
Dawn: $20B in Single-Asset Continuation Funds Closed Last Year
“And there was about twenty billion dollars of single asset continuation funds done last year out of fifty billion dollars of GP driven transactions executed.”
Nigel Dawn Apr 8, 2024 ▶ 24:28 Nigel Dawn - Secondaries in Private Markets (EP.378)
Assertion Supported
Dawn: Secondary market accounts for roughly 2% of outstanding AUM
“The secondary market is around two percent of outstanding AUM.”
Nigel Dawn Apr 8, 2024 ▶ 27:23 Nigel Dawn - Secondaries in Private Markets (EP.378)
Assertion Not checkable as stated
Dawn: Secondary private equity market sees virtually zero litigation over 20 years
“There's very, very little litigation, if any, that I've seen in the secondary market in 20 years.”
Nigel Dawn Apr 8, 2024 ▶ 37:13 Nigel Dawn - Secondaries in Private Markets (EP.378)

Appearances (1)

EpisodeDateSpeaking time
Nigel Dawn - Secondaries in Private Markets (EP.378) Apr 8, 2024 29m
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