Low pricing deterred a sale of certain ‘illiquid’ assets held in a portfolio the US pension began managing in January.
2 min read · 02 March 2017
Fresh faces mixed with return winners across all four secondaries categories in PEI’s annual industry contest.
2 min read · 01 March 2017
Fewer buyers sought IRRs of above 15% last year compared with a year earlier, a survey by advisory firm Cebile Capital has found.
2 min read · 01 March 2017
Investors in the fund, which has no minimum commitment, can sell their stakes after 60 days.
2 min read · 01 March 2017
Performance details of the alternative investment firm’s secondaries programme were also disclosed in a document presented to a US pension.
2 min read · 28 February 2017
The Texas pension has an appetite for secondaries, having also committed to Ardian and Strategic Partners-managed vehicles.
1 min read · 28 February 2017
Nervous investors can be a driver of dealflow, according to the HarbourVest Partners managing director.
2 min read · 28 February 2017
The global investment firm picked up interests in the real estate vehicle from a French real estate firm and Australia’s largest industry super fund.
2 min read · 27 February 2017
The Texas pension fund has committed an additional $15m to the fund of funds manager’s third secondaries fund.
1 min read · 27 February 2017
Philip Bilden has withdrawn himself from consideration as US navy secretary, citing privacy concerns and significant challenges he faced in separating himself from his business interests.
1 min read · 27 February 2017
