The bankrupt city’s $2bn General Retirement System will interview Landmark and Lexington as it searches for a manager to run a $15m allocation to private equity secondaries.
2 min read · 15 August 2013
The loss of Nigel Dawn to Evercore has not stopped UBS from moving forward with its secondaries business.
2 min read · 08 August 2013
Is the party over? Houlihan Lokey’s Jeff Hammer and Paul Sanabria explore.
5 min read · 02 August 2013
The Chicago-based firm has closed its second secondaries fund, which will target limited partner commitments in lower mid-market funds that are more than 30% invested.
2 min read · 01 August 2013
The private equity firm that focuses on restructuring and liquidating aging private equity funds has already made six investments from Fund III.
2 min read · 31 July 2013
The performance of a vintage year can be linked to a specific J-curve, fresh research has found.
3 min read · 29 July 2013
The bankrupt bank continues to have an active pool of limited partner interests in private equity funds, which contributed to $1.2bn in distributions last year.
2 min read · 29 July 2013
The revelation that an LP commitment to Accel Partners’ 2009 fund makes the church an indirect investor in Wonga, a payday loan provider it has publicly criticised, has prompted the church to review its entire portfolio.
2 min read · 26 July 2013
The bank’s private fund group has hired Mark McDonald to help manage its secondaries activities in Europe, Middle East, Africa and Asia.
2 min read · 22 July 2013
The firm is seeking $500m for Fund III, which originally had a $1.3bn target.
1 min read · 17 July 2013
