Sovereign Wealth Fund

Spotlight on LPACs in high-profile continuation vehicle spat

Do limited partner advisory committees have any relevance in a world where a sole LP wants to have its day in court?

‘Project Royal Eagle’: GIC portfolio sale could reach $3bn

The sale included a core portfolio as well as another bundle of fund interests offered to buyers, Secondaries Investor understands.

Alaska’s Waldrop: We prefer single-asset CVs over ‘cats and dogs’

‘We tend to like single-asset continuation vehicles if the story is right if it’s with a sponsor that we think is the right owner for that asset going forward,’ according to deputy CIO Allen Waldrop.

GIC: Continuation fund returns ‘not bad’

Continuation funds ‘need to be managed quite carefully, with a lot of communication and conflict management’, according to GIC’s Asia PE head Ankur Meattle.

ADIA takes lead on over $200m CV in latest GP-led secondaries play

ADIA has backed Beijing-based GL Capital’s single-asset CV just months after it emerged as a co-lead buyer on Tikehau Capital’s continuation fund.

ADIA jumps on secondaries opportunities as market soars

The sovereign wealth fund deployed significant capital into secondaries opportunities across private equity and infra last year.

Malaysia’s Khazanah mulls $1bn-plus portfolio sale

Khazanah joins a number of APAC sellers this year, with Malaysia’s EPF and China Investment Corp also looking to offload portfolios.

China’s massive sovereign fund explores secondaries sale of US PE funds

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

Alaska’s Waldrop on why the SWF is not a seller in the LP-led market

Alaska Permanent Fund’s deputy CIO for private markets, Allen Waldrop, explains why the SWF has been a buyer in the CV market and has not been a seller even when it has been overallocated to PE.

Details on two Sweetwater flagships revealed

The firm launched what could be its largest-ever secondaries fund in October.