Private equity

Details of how the firm’s secondaries funds have performed have been disclosed in documents prepared for a US public pension.

Buyout and infrastructure secondaries had the strongest pricing, according to multiple reports, while venture pricing was the lowest.

Three secondaries-focused professionals have been included in affiliate title Private Equity International’s annual list of the most impressive women in private markets.

Tokenised secondaries funds are a great match for first-time investors in private markets, says Securitize co-founder Jamie Finn.

Bart van Dijk joins from global compliance firm CSC and is the industry body’s first regional head outside North America.

The firm closed its fourth dedicated impact secondaries fund on $252.2m in July, short of its $350m target.

StepStone Secondary Opportunities Fund V raised $4.8bn and is already 50% committed.

The firm has launched its third secondaries vehicle, Japan Private Equity Opportunity 2024.

The deal highlights how continuation funds are filling the void in the exit market when traditional exit routes remain subdued.

The office is the firm’s 10th globally and will initially focus on investor relations functions.