The $2.3bn pension’s commitments include an investment in Ardian’s Early Secondaries Fund VI.
1 min read · 31 January 2017
The management company of the US’s largest university endowment has been an active seller on the secondaries market in recent years.
1 min read · 31 January 2017
‘PE directs’ were underwritten at higher target multiples than purchases of stakes in any type of strategy last year, according to Setter Capital.
2 min read · 30 January 2017
The sale by the Swiss fund of funds, which is owned by Brazilian firm GP Investments, leaves the firm with stakes in six older funds.
2 min read · 30 January 2017
The stakes include up to $10m in secondaries funds in addition to buyout, credit and real estate fund interests.
2 min read · 27 January 2017
While fund ownership should be shared, the management company needs to ‘build out a vision’ around one leader when starting out, Coller said.
2 min read · 27 January 2017
The secondaries veteran joined the global investment firm’s New York office as a principal in January, Secondaries Investor has learned.
2 min read · 26 January 2017
The French firm’s US head was speaking at an industry conference in Cannes also attended by AlpInvest Partners, Hamilton Lane and Montana Capital Partners.
3 min read · 25 January 2017
Coller Capital, Goldman Sachs and StepStone were among LPs in the $1.1bn fund which has been renamed Northlane Capital Partners I.
2 min read · 25 January 2017
Secondaries funds have almost quadrupled in average size since 2008, PEI data show.
2 min read · 24 January 2017