Investors

CPP Investments returns to secondaries market with $1bn-plus portfolio

The Canadian pension fund joins the likes of CalPERS, PSP Investments and World Bank in bringing a sizeable portfolio sale to the secondaries market.

Taiwanese insurer Nan Shan Life shops sizeable portfolio

The Taiwanese insurer’s portfolio sale deal could be around $2bn in size, Secondaries Investor has learned.

StepStone lines up on World Bank LP-led deal alongside Blackstone

Both firms are understood to have purchased an equal amount of the roughly $1bn portfolio.

Munich Re on the co-invest dealflow ratio fallacy

MEAG MUNICH ERGO, the asset management arm of European insurer, would rather see one good co-investment opportunity than be shown multiple bad ones, says head of PE and co-investments Gregory Schmitt.

Manulife secondaries co-heads to depart the firm

Paul Sanabria and Jeff Hammer joined the asset management unit of Canada’s largest insurer in 2019 and have overseen its debut GP-led fundraise.

CalPERS closes multi-billion-dollar sale to Ardian, AlpInvest, Partners Group

The US pension giant has come up with a pricing strategy that could make it benefit more from this portfolio sale, Secondaries Investor understands.

Florida SBA’s sale shows credit secondaries are at start of significant ramp-up

The US public pension’s offloading of around $2bn in credit fund stakes marks the latest sizeable deal in the maturing market.

UK’s biggest private pension urges GP transparency around CVs, NAV loans

There have been cases when continuation funds have been ‘misused and overused’, according to Teia Merring, senior investment director at USS and chair of ILPA.

Trump looms large for North American secondaries in 2025

The incoming administration is taking centre stage when it comes to events expected to shape the North American secondaries market this year.

London pension scheme eyes secondaries for new private debt vehicle 

The UK pension fund is about to close its second private debt fund, which it aims to scale to £500m, and is looking to consolidate GP partnerships.