The appointment comes one month after the Blackstone secondaries unit amassed $11.1bn for its Fund VIII.
1 min read · 04 September 2019
With Blackstone’s stake in BC Partners the latest deal in an expanding market of GP stakes, here’s a look at which firms have been on the acquisition trail.
1 min read · 15 August 2019
The Canadian pension giant is in poll position on a deal that will offer liquidity to LPs in the firm’s 2011-vintage $2bn Growth II fund.
2 min read · 24 July 2019
Three years ago the thought of a $100bn secondaries market was met with a chuckle; today it looks more likely than not.
2 min read · 04 July 2019
Tony Cusano has founded Banner Ridge Partners and hired a principal from his former firm as a partner.
2 min read · 26 June 2019
The move comes two weeks after the former co-heads left.
2 min read · 24 June 2019
Senior executives at the former emerging markets private equity firm overvalued positions and delayed markdowns to attract LP stakes purchases, a US indictment alleges.
3 min read · 17 June 2019
The departures follow that of the CEO and COO in March from the investment arm of the German family office.
2 min read · 14 June 2019
The market is too competitive and those who bought stakes after the global financial crisis look like ‘super smart money’ now, the $65bn fund’s director of investments Stephen Moseley tells Secondaries Investor.
2 min read · 04 June 2019
The total deal is valued at just under $800m and the voting period ends this week.
2 min read · 30 May 2019