Paris-headquartered AXA Private Equity has finally capped its fifth secondaries fund at $7.1bn with an additional sidecar of $900m, making it the biggest pool of capital for buying up limited partner stakes yet raised.
2 min read · 18 June 2012
The Chicago-based firm has launched its second secondaries fund, which will target limited partner commitments of less than $25m in funds that are more than 30% invested.
1 min read · 05 June 2012
The $5.8bn retirement system was attracted by the firm’s strong performance on its previous fund and limited use of leverage.
2 min read · 07 May 2012
DLJ Merchant Banking Partners and JP Morgan held onto Vitopel for 12 years before selling the company to Vision for an undisclosed amount.
2 min read · 16 April 2012
The New York-based placement agent has acted on behalf of two mid-market firms to help diversify their ‘non-traditional’ limited partner bases.
2 min read · 12 April 2012
Goldman Sachs, AlpInvest and Landmark Partners are backing the financial separation of Ridgemont Equity Partners from Bank of America as the firm raises its debut fund as a fully independent firm.
2 min read · 12 April 2012
PropertyMatch, a European secondaries trading platform for units in unlisted real estate funds part-owned by CBRE, says it traded more than €270m in the first quarter of the year, beating last year’s corresponding period by 240 percent.
2 min read · 10 April 2012
The San Francisco-based firm, which once raised the largest-ever real estate secondaries fund, has ceased efforts to market its fifth vehicle as it considers options for a shift in strategy.
2 min read · 03 April 2012
Previously known as Credit Agricole Private Equity, the re-named Omnes Capital, which was acquired by private equity secondaries firm Coller Capital last week, will continue with a strategy that includes renewable energy and infrastructure.
1 min read · 02 April 2012
The California Public Employees’ Retirement System’s Vista portfolio provides a stark example of the struggles LPs with mature portfolios have in managing out legacy funds.
3 min read · 30 March 2012