American International Group wants to sell $2.3bn-worth of private fund stakes without an advisor, but it won’t be a walk in the park.
2 min read · 27 April 2018
A lack of industry standards makes measuring the size of secondaries deals tricky in a fast-evolving market.
2 min read · 27 April 2018
Shane Feeney will be responsible for the Canadian pension’s $51bn private equity portfolio overseeing direct private equity investments, funds, secondaries and co-investments.
1 min read · 25 April 2018
Stanislaus County Employees’ Retirement Association, which has $2.1bn in assets, will gain its first PE exposure through the creation of a private investment programme.
1 min read · 23 April 2018
The US insurer has already received first-round bids for the bundle of stakes, Secondaries Investor has learned.
2 min read · 23 April 2018
The asset manager acquired the secondaries and fund of funds arm of ACG Group for €1.8bn last week, marking its entry into private equity.
2 min read · 23 April 2018
A highly competitive market is leading to reduced return expectations and lower success rates, according to a report compiled by UBS and obtained exclusively by Secondaries Investor.
1 min read · 19 April 2018
The close of the deal comes six weeks after Secondaries Investor reported the transaction was set to become the largest-ever GP-led restructuring.
2 min read · 19 April 2018
Proskauer’s Nigel van Zyl explains the key commercial, legal and investor relationship issues GPs need to consider before amending the agreement’s provisions or restructure funds.
5 min read · 18 April 2018
The bank’s equities portfolio rose 34% in the first quarter, one year after receiving an extension on its Volcker Rule divestment obligations.
2 min read · 18 April 2018
