Permodalan Nasional Berhad has historically allocated more to secondaries due to increased liquidity needs, according to Rick Ramli, chief investment officer for private and strategic investments.
2 min read · 29 August 2023
The process is part of a surge of LP portfolios that have hit the market this year as institutions look for ways to generate liquidity and rebalance their exposure to the asset class.
3 min read · 24 July 2023
The trade group has issued guidance to address concerns over conflicts and the speed of GP-led deals.
5 min read · 16 May 2023
CRPTF’s investment advisory committee approved $350m in commitments, split equally between HarbourVest’s latest flagship secondaries fund and a connected co-investment vehicle.
2 min read · 11 May 2023
Details of the firm’s Dover Street XI fund and HarbourVest’s Secondary Overflow Fund V were included in board documents for a US public pension plan this month.
2 min read · 10 May 2023
LP sales were expected to kick off a resumption of robust secondaries activity after a slowdown late last year, with external factors such as the collapse of Silicon Valley Bank keeping activity muted.
2 min read · 08 May 2023
The Institutional Limited Partners Association chief executive questions whether the industry is equipped to serve a more demanding clientele.
3 min read · 01 May 2023
Delaney Brown has overseen a secondaries team, led by Dushy Sivanithy, that joined the buyside of the single-asset market last year with a $1bn deployment target.
2 min read · 27 April 2023
Some LPs have felt so frustrated at the way continuation fund processes have been run that they have decided not to re-up with their manager, representatives from the investor body told Secondaries Investor.
3 min read · 26 April 2023
