Lps

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.

Guy Hands’ Terra Firma gives LPs choice to cash out of residential homes asset

The deal involves Annington, which was created when Hands helped Japanese bank Nomura acquire military homes in 1996 from the UK government.

CPP discloses commitment to CVC’s single-asset, two other secondaries deals

The deals add to what has been a busy year for the Canadian pension, which has been an active participant on the buy and sellside of the secondaries market.

MainePERS considers secondaries sales for its natural resources portfolio

The pension plans to streamline its real asset portfolio and aims to meaningfully reduce its GP relationships over the next three years.

Hg taps former CPPIB exec for secondaries role

UK-based software specialist Hg joins a growing number of direct private equity shops launching secondaries strategies as the segment of private markets continues on its growth spree.

ILPA: Retail vehicles could fundamentally affect GP-LP alignment, industry’s long-term health

Growth in the retail space could come to the detriment of traditional LPs and their investment interests, says the Institutional Limited Partners Association.

Carlyle AlpInvest buys in on GBL’s €1.7bn portfolio sale

Belgian holding company Groupe Bruxelles Lambert has confirmed its unit GBL Capital will no longer make new commitments as it secures a dozen transactions.

Minnesota SBI gives CIO power to commit up to $750m to secondaries deals

The change in the investment policy will streamline the SBI’s investment process and keep it in line with the policies of its peers, according to its CIO.

NYU endowment shops small portfolio amid rise in private markets sales

Endowment sales ticked up in the first half of this year to around 15% of overall LP sales, according to Campbell Lutyens’ half-year volume report.