Secondaries are part of the sovereign wealth fund’s bid to increase its alternatives exposure by 5% over the next two years.
1 min read · 24 May 2018
Subsidiary Azalea Asset Management had been acquiring stakes on the secondaries market with the intention of using them in its Astrea IV collateralised fund obligation.
2 min read · 23 May 2018
The use of debt to delay capital calls saw HVPE’s distributions outweigh investments last year.
2 min read · 22 May 2018
Public Officials Benefit Association, which has $9.2bn under management, is putting aside an initial $150m for primaries, secondaries and coinvestments.
1 min read · 22 May 2018
The Canadian pension giant invested C$4.2bn in the strategy last year, which will remain a ‘key focus’.
2 min read · 17 May 2018
Advisor Townsend recommends the $24.3bn sovereign wealth fund to turn its attention to ‘unique situations’ such as secondaries.
2 min read · 30 April 2018
Stanislaus County Employees’ Retirement Association, which has $2.1bn in assets, will gain its first PE exposure through the creation of a private investment programme.
1 min read · 23 April 2018
Proskauer’s Nigel van Zyl explains the key commercial, legal and investor relationship issues GPs need to consider before amending the agreement’s provisions or restructure funds.
5 min read · 18 April 2018
The City of Fresno Retirement Systems is seeking a fund manager to construct a $120m private equity ‘fund of one’ which can include secondaries.
1 min read · 05 April 2018
