The Blackstone unit’s latest secondaries fund has a $6.5bn hard-cap and will focus on mature portfolios, Secondaries Investor has learned.
2 min read · 21 March 2016
Sales of stakes in funds of funds also increased as LPs moved to direct fund investments or segregated accounts, according to a report by Elm Capital.
2 min read · 21 March 2016
The fund of funds manager has lost an investor relations executive with almost two decades of experience from its London office.
1 min read · 18 March 2016
There are enormous pools of money in Japan just waiting to be deployed into alternative assets, and the secondaries market is the logical place for institutional investors there to start.
3 min read · 18 March 2016
The commitment was part of an almost $1bn total investment in secondaries, debt, buyout and real estate-focused vehicles.
1 min read · 18 March 2016
The French fund of funds sold on part of USS’s €150m commitment in a European buyout fund to at least four parties.
2 min read · 17 March 2016
The tax on carried interest will jump to 45%, plus National Insurance, from the current 28% minimum, for assets held less than three years.
2 min read · 17 March 2016
The final close on the Switzerland-headquartered firm’s sixth dedicated secondaries fund comes 10 months after it held a first close.
2 min read · 17 March 2016
Partners Group was one of the LPs who sold stakes, while SL Capital Partners was part of a group who either acquired new stakes or increased their exposure to the €2.2bn vehicle.
2 min read · 16 March 2016
The Hong Kong direct secondaries firm’s latest fund will focus on China and India as it prepares to open a Beijing office this year.
1 min read · 16 March 2016