AXA Private Equity continues to capitalise on regulations which make private equity assets less attractive to banks, sealing its fourth secondaries deal to take the value of its recent portfolio acquisitions to $5.1bn.
2 min read · 30 June 2011
Secondaries provide large pension funds the opportunity to ‘move the battleship’ – nimbly reposition themselves, in other words, according to the head of New York City’s pension fund.
2 min read · 28 June 2011
The New York-based private equity real estate secondaries firm has entered into its first student housing deal with the 80% equity interest purchase of two assets for $30m.
1 min read · 27 June 2011
The placement agency has put together a team that will work with limited partners to manage their portfolios and run secondary sales.
2 min read · 26 June 2011
The US state’s investment board has committed more than two thirds of newly-deployed capital to private equity funds specialising in the energy sector.
1 min read · 22 June 2011
The $10.5bn pension worked with UBS to sell a portion of its private equity portfolio. The pension board last week approved more than $100m in commitments, including to Cinven’s fifth fund.
2 min read · 21 June 2011
The latest Global Private Equity Barometer conducted by Coller Capital shows that 68 percent of Asia Pacific LPs will be buyers in the secondaries market over the next two years, while 42 percent of them will be on the sellers’ side.
2 min read · 20 June 2011
Josh Cleveland has joined Clairvue Capital Partners as the firm starts to target real estate secondaries as well as recapitalisations.
2 min read · 20 June 2011
The secondaries firm, which began fundraising in early 2008, has closed on $5bn and is expected to hold a final close by 30 June.
2 min read · 14 June 2011
German secondaries firm Paragon Partners has sold the remaining three companies from its 2006 fund as it works to raise a new fund.
1 min read · 09 June 2011