The London-listed private equity investor urged shareholders to take no action on HarbourVest Partners’ £1bn bid, saying the 650p-a-share final offer ‘undervalues the company’.
2 min read · 16 September 2016
The advisory firm expects to find a replacement as soon as November, Secondaries Investor has learned.
1 min read · 15 September 2016
The investment manager wants to sell the €1bn vehicle before the end of the year and a new structure will be created to manage the portfolio.
1 min read · 15 September 2016
The former Park Hill partner – who pleaded guilty to defrauding investors of almost $39m – has received a permanent ban.
2 min read · 15 September 2016
The committee approved the act – which would roll back regulatory oversight of private equity – by 30 votes to 26.
1 min read · 14 September 2016
The deal closed around six months after a board member at the US pension expressed scepticism about selling stakes on the secondaries market.
2 min read · 14 September 2016
Sales by pensions surged to account for over a third of sales by volume amid a rise in disposals by opportunistic sellers, according to Setter Capital’s mid-year report.
2 min read · 13 September 2016
The secondaries firm acquired a 24% stake in the UK private equity firm through its 2006-vintage $4.8bn Coller International Partners V fund.
2 min read · 13 September 2016
The C$287bn pension fund is losing global head of private investments Mark Jenkins, who is leaving to join Carlyle.
2 min read · 13 September 2016
The firm has raised €164m for Stafford Infrastructure Secondary Fund II, more than two-thirds of its target.
1 min read · 12 September 2016
