Asset classes

Committed Advisors backs €227m sale from Peugeot Invest

French investment firm Peugeot Invest is offloading 35 PE funds to rebalance its portfolio.

Amid endowment sales, UC Regents in ‘fortunate position’ with private assets weighting

With peers facing substantial portfolio challenges, the $30bn endowment is urging restraint in what its leaders say is an environment for endowments akin to 2008’s financial crisis.

Trilantic runs what could be a precedent-setting liquidity process

Without new capital coming in, the firm is considering an extensive continuation fund process that would extend its ability to make new investments.

Houlihan taps Metlife PE exec for latest advisory hire

The hire is understood to bring the total number of professionals within the investment bank’s directs and secondaries team to 35.

Mustafa Siddiqui’s SQ Capital targets $1bn for debut secondaries fund

SQ Capital’s fundraising could benefit from recent momentum in secondaries dealmaking, as GPs and LPs both seek a remedy to persistent illiquidity.

Coller backs Corsair Capital’s $600m GP-led secondaries deal

Corsair has raised a multi-asset CV for three assets, with the remaining exposure in one of the assets being moved to another vehicle.

Lexington expects step up in next flagship amid demand for secondaries

While Lexington’s owner Franklin Templeton had previously forecasted a September first close for Fund XI, it has now extended its expectations out to later in fiscal year 2025 or early 2026.

Future 40 Leaders: Secondaries professionals recognised

Professionals from CPP Investments, LGT Capital Partners, Blue Owl Capital, and more have made this year’s list of future leaders in private equity.

A second chance for endowments

Yale’s sizeable portfolio sale could spur a number of endowments to follow suit – with programmatic seller Harvard in market alongside it.

Vista Equity raises ~$4bn in first close for Cloud Software single-asset CV

Part of Vista Equity’s contribution to the deal will come through its private wealth channel, a source said.