For all the debate it provokes, the conventional hurdle rate has remained stubbornly untouched since the ’80s.
3 min read · 28 September 2018
The firm has confirmed it will move Swedish chemical manufacturer Perstorp into a vehicle backed by Landmark Partners, two months after Secondaries Investor first reported on the deal.
2 min read · 26 September 2018
In the current late cycle pricing environment, secondaries buyers need to play to their strengths, according to managing director Tristram Perkins.
5 min read · 26 September 2018
Per Olofsson, head of alternatives at the €48bn pension, says it’s a ‘very good thing’ the secondaries market has evolved.
2 min read · 26 September 2018
The $9bn pension wants to invest in funds that provide more adequate liquidity protections in the event of an emergency, according to CIO Jang Dong-hun (pictured).
2 min read · 25 September 2018
Holding tax on effectively connected income has significantly increased the time taken to execute deals, according to intermediary Elm Capital.
2 min read · 25 September 2018
Amy Thiessen, who has real estate experience, joins the firm to focus on raising capital and developing strategic partnerships.
1 min read · 24 September 2018
Pomona Capital chief executive Michael Granoff discusses the firm’s individual investor-focused vehicle on the back of its $1.8bn final close on Fund IX.
4 min read · 24 September 2018
Expect a document that gets into the weeds when the LP body issues its best practices for fund restructurings.
3 min read · 21 September 2018
The firm has held the final close on Northleaf Secondary Partners II after more than one year in market.
2 min read · 20 September 2018