Private equity

The hire is understood to bring the total number of professionals within the investment bank’s directs and secondaries team to 35.

SQ Capital’s fundraising could benefit from recent momentum in secondaries dealmaking, as GPs and LPs both seek a remedy to persistent illiquidity.

Corsair has raised a multi-asset CV for three assets, with the remaining exposure in one of the assets being moved to another vehicle.

While Lexington’s owner Franklin Templeton had previously forecasted a September first close for Fund XI, it has now extended its expectations out to later in fiscal year 2025 or early 2026.

Professionals from CPP Investments, LGT Capital Partners, Blue Owl Capital, and more have made this year’s list of future leaders in private equity.

Yale’s sizeable portfolio sale could spur a number of endowments to follow suit – with programmatic seller Harvard in market alongside it.

Part of Vista Equity’s contribution to the deal will come through its private wealth channel, a source said.

Paul Sanabria and Jeff Hammer will return to their advisory roots as part of the investment bank’s ‘aggressive’ push.

The transaction, which could total as much as $1bn in size, is understood to comprise a concentrated list of funds and managers.

After hearing pitches from more than 50 suitors over the years, Kline Hill found a match in TA, managing partner Mike Bego told Secondaries Investor.