The Federal Reserve Board is allowing banks an additional two years to divest certain types of initial fund investments.
2 min read · 26 July 2017
The German firm, which is active in fund and direct secondaries, has hired a former BNY Mellon veteran for the newly created role.
2 min read · 25 July 2017
The unit has formed Glendower Capital, focusing on private equity secondaries from London and New York, Secondaries Investor has learned.
2 min read · 25 July 2017
Sponsors of secondaries and funds of funds should be mindful of several key issues that can arise when structuring and negotiating these financing arrangements, according to law firm Dechert.
4 min read · 24 July 2017
Clwyd Pension Fund, an active investor in secondaries funds, has committed $10m to the fund of funds unit of Standard Life’s SOF III vehicle.
1 min read · 24 July 2017
The world’s third largest pension fund maybe going through turmoil, but its alternatives programme still looks inviting to fundraisers.
2 min read · 21 July 2017
The use of subscription facilities by funds has seen its criticism, but the practice is not without its positives, write Thomas Smith and Almas Daud.
4 min read · 20 July 2017
The latest record fundraising figures across alternative asset classes show CIOs continue to see private investments, and not just private equity, as the most compelling in the long term.
3 min read · 20 July 2017
The bank already has a five-year extension to comply with the regulation which would push it to divest private fund stakes worth $6bn.
2 min read · 19 July 2017
The head of Northleaf Capital Partners’ London office, Daniel Dupont, discusses the keys to making a good secondaries investment.
3 min read · 18 July 2017