Harvard University is reportedly in advanced talks to sell underlying investments in around six US-focused real estate funds to China sovereign wealth fund, China Investment Corporation.
2 min read · 04 August 2010
PCG Asset Management will help the $34bn pension rebalance its portfolio, selling older investments and ramping up exposure to international, secondaries and co-investments.
1 min read · 02 August 2010
The average high bid for partnership interests across all asset classes reached almost 80% of NAV in the first half of 2010, according to data from Cogent Partners.
2 min read · 28 July 2010
The UK pension ‘lifeboat’ has hired Goldman Sachs, Pantheon, Hamilton Lane, Lexington, LGT, Partners Group and RREEF as advisors.
2 min read · 21 July 2010
As Citi hands over the management for $4bn of its private equity funds to investment advisor StepStone Group, Citi Infrastructure Investors, the investment bank’s captive infra investment arm, will remain on the firm’s books.
1 min read · 19 July 2010
Goldman and Lexington have reportedly been beneficiaries of the secondaries-focused mandate.
1 min read · 15 July 2010
The private equity advisor will manage funds that are near the end of their investment cycle, part of a deal also involving Lexington Partners.
2 min read · 13 July 2010
Secondaries specialist Coller Capital has acquired a majority stake in a portfolio of 40 Bank of Scotland Integrated Finance assets from owner Lloyds Banking Group.
3 min read · 05 July 2010
Two bellwether mega-funds are trading at or near par on the secondaries market, a big change from 2009, when these stakes were valued nearly 70% beneath GP-assigned values.
2 min read · 28 June 2010
The Swiss fund of funds manager has raised $1.2bn for its latest secondaries fund.
1 min read · 24 June 2010
