The $65bn pension system earlier this year completed a secondary sale run by Cogent Partners of fund stakes in TPG Capital, Apollo Global Management and Warburg Pincus.
2 min read · 27 July 2011
The global secondaries firm acquired an interest in 20 Cognis Capital portfolio companies in the deal, which allows existing stakeholders to sell their stakes or rollover into the new fund.
1 min read · 26 July 2011
Several US pension funds have adopted a similar strategy in an effort to cut ties with GPs and eliminate management fees.
2 min read · 25 July 2011
The firm’s fifth secondaries fund of funds, launched late last year, is approaching its $3.5bn target.
1 min read · 12 July 2011
The San Francisco secondaries firm exceeded its sixth fund’s $300m target by attracting new LPs and re-ups.
1 min read · 11 July 2011
Secondaries specialist Cipio Partners has promoted two of its team, including its chief financial officer, to managing partner, in a bid to introduce a younger generation to the firm’s senior management team.
1 min read · 08 July 2011
Concern is increasing about struggling funds that will cling to life for as long as possible to keep collecting fees. LPs must get together to kill them off, writes Christopher Witkowsky.
3 min read · 08 July 2011
Committed Advisors, founded by former AXA PE executives Daniel Benin and Barthelemy de Beaupuy, has already closed on eight transactions.
1 min read · 07 July 2011
Abu Dhabi Capital Management Secondary Private Equity Fund is 40% invested. The firm will raise a second fund focused on secondaries ‘in a few months’ with a $100m target.
1 min read · 06 July 2011
The firm has closed its seventh fund on $7bn and has raised an additional $650m for Lexington Middle Market Investors II, a complementary vehicle to invest in ‘young’ private equity interests.
2 min read · 05 July 2011
