Growing competition for underlying assets are the biggest challenge for primary GPs but will create future opportunities for secondaries, according to Investec’s GP Trends 2015 report.
2 min read · 09 November 2015
New Mexico Educational Retirement Board (NMERB)’s deputy chief investment officer explains why the pension set up a separate account with Siguler Guff to focus on secondary investment opportunities in distressed debt and special situations.
3 min read · 06 November 2015
The bank is letting the investments run through the end of their life and may tap the secondaries market only if interests remain by the Volcker Rule’s July 2017 deadline.
2 min read · 06 November 2015
Amendments to the UK’s 2015 Summer Finance Bill were added to confirm certain taxes will not apply when fund managers dispose of their carried interest rights.
2 min read · 05 November 2015
Lexington invested out of its $10bn LCP VIII vehicle, the biggest secondaries fund ever raised.
2 min read · 05 November 2015
The Geneva-based firm will launch a secondaries fund targeting ‘under the radar’ deals before year-end.
2 min read · 05 November 2015
The global private equity firm launched the fund in August and is looking to raise its biggest secondaries fund.
1 min read · 04 November 2015
The acquisition was part of a large sale from insurance company Nationwide, which was rebalancing its private equity portfolio.
2 min read · 04 November 2015
The Paris-based firm also hired a former Evercore professional for the new team in New York.
1 min read · 04 November 2015
The Singapore-based Credit Suisse spin-out will target between $300m and $500m for its first blind pool fund to tap Asian direct secondaries.
2 min read · 03 November 2015
