Lps

LPs wary of GP partnerships aimed at tapping private wealth

A majority of LPs are concerned about the ‘influence’ retail-oriented partnerships could have on the strategies of GPs, a Coller Capital survey found.

ILPA template aims to cut CV deal hassles

The new questionnaire asks GPs to disclose details including transaction terms and asset returns.

Most LPs choose liquidity over rolling into continuation funds – report

Nearly one-quarter of LPs have seen evidence of CV-on-CVs, according to Coller Capital’s latest investor survey.

Connecticut sees scale as a ‘competitive advantage’ in secondaries

The US pension plan is targeting a 5-15% exposure to secondaries and committed a total of $400m to two HarbourVest vehicles.

AIG uses fund stake transfer to seed CVC $1.5bn evergreen portfolio

The pair will eye ‘additional areas of collaboration’ amid the insurer’s plans to raise its alternatives exposure.

Inside Allianz’s push into private debt secondaries, co-investments

Marc Smid, who oversees the German insurance giant’s private debt fund of funds, sets out his expectations and concerns with respect to GPs.

Will the total portfolio approach reshape the secondaries market?

Under the TPA an LP’s selling decision is more likely to be driven by opportunistic considerations, rather than breaches of asset allocation targets.

Ardian steps up as buyer of CIC portfolio sale

The sale is expected to be the first in what could be a series of fund stakes offerings by the sovereign fund as it works to manage its portfolio.

Howard University president emeritus: ‘I don’t think you’ll hear of us trying to exit through secondary markets’

Secondaries has become a popular portfolio management tool for large US endowments like Yale and Harvard.

LPs are expanding into more diverse secondaries strategies

New opportunities are arising for LPs, but there are ongoing pain points to address.