In an unusual real estate secondaries deal that one executive called a ‘no-brainer,’ the $8.6bn pension system is trading six assets for a $250m interest in an open-ended fund.
3 min read · 30 November 2017
The UK’s Pensions Infrastructure Platform has acquired a portfolio of stakes in 10 projects across roads, waste facilities, hospitals and social infrastructure.
2 min read · 29 November 2017
Some LPs are feeling betrayed in fund restructurings because GPs are having to choose who they serve, the firm’s senior investment manager said.
2 min read · 28 November 2017
A sole buyer acquired two separate credit funds of funds as part of a clean-up in the bank’s private investment arm, Secondaries Investor has learned.
2 min read · 23 November 2017
A revamped internal structure, new business lines and a focus on separate accounts have helped the firm thrive in a tough market for funds of funds, says head of secondaries Wouter Moerel.
5 min read · 21 November 2017
Mismatched price expectations between local sellers and foreign buyers are likely to results in 90% of deals stalling, according to Altamar’s Latin America head.
2 min read · 16 November 2017
The 2004-vintage Lion Capital has invested in names including Weetabix, Jimmy Choo and Russia’s largest vodka producer.
2 min read · 15 November 2017
This is at least the second large portfolio of stakes the firm has brought to market this year.
1 min read · 13 November 2017
Kuwait Investment Authority has been offloading European private equity stakes in line with changes taking place at its London office.
2 min read · 13 November 2017
