Asset classes

Dawson bulks up with asset management hires

The firm has made three new hires this year across its Toronto and London offices.

Malaysia’s Khazanah mulls $1bn-plus portfolio sale

Khazanah joins a number of APAC sellers this year, with Malaysia’s EPF and China Investment Corp also looking to offload portfolios.

The path to third-party capital via secondaries

French banking giant Natixis and its affiliate Flexstone see the secondaries market as a potential way to grow third-party capital.

StepStone emerges as buyer for Taiwan Life’s PE portfolio sale

The deal marks another notable transaction by a Taiwanese insurer following Fubon Life’s over $1bn sale of a private market portfolio.

Underlying value of companies within CVs accelerates in 2024 – Houlihan Lokey

Nearly 45% of companies within single-asset CVs had an implied TEV greater than $2bn last year reflecting minority interest or strip sales for larger companies being used in these deals.

Flexstone Partners mulls running secondaries process in future on pan-Asia fund of funds

Flexstone Partners Asia Selection III is now fully subscribed for by the firm’s majority shareholder, Natixis Investment Managers, and will invest its capital over the coming years, chief executive Eric Deram tells Secondaries Investor.

Fubon Life sells PE, infra fund stakes worth more than $1bn

Part of the portfolio, which includes exposure to Advent International and Antin Infrastructure Partners, was picked up by Hamilton Lane.

Amid uncertainty, LPs tap secondaries in varying ways

With private equity portfolio sales proliferating, here’s why UK multi-family office Stonehage Fleming is an active secondaries buyer and Australian state fund QIC is not.

StepStone set to launch 40 Act fund primarily focused on secondaries

The new evergreen vehicle will join the firm’s four active 40 Act funds targeting wealthy individual investors in the US.

Roundtable: Secondaries sees victory in the face of volatility

In spite of shockwaves from Trump’s on-again-off-again trade war, the secondaries industry is gearing up for yet another record year.