Secondaries Investor sat down with the winners from the most-talked about deal of the year, HarbourVest Partners, to discuss complex deals, what’s next for the firm, and those three little letters: SVG.
5 min read · 06 December 2016
The investment bank’s private equity unit may syndicate the deal on the €963m Duke Street Capital Fund VI, Secondaries Investor has learned.
2 min read · 05 December 2016
The deal involves 26 stakes held in the Italian fund of funds’ 2006-vintage vehicle, Secondaries Investor has learned.
2 min read · 02 December 2016
A senior investment officer at the $180bn pension previously said secondaries had become a “very useful portfolio construction tool”.
2 min read · 30 November 2016
The Nordic direct secondaries firm has invested in a Finnish software company through a combination of direct and secondhand shares.
2 min read · 30 November 2016
The state’s Educational Retirement Board has said it wants to acquire secondaries stakes in the the distressed debt and equity manager’s latest fund.
2 min read · 22 November 2016
The state’s Board of Investments sold stakes in two private equity funds at a premium to NAV and did not use an advisor, meeting minutes show.
2 min read · 15 November 2016
The deal was part of the US’s largest public pension’s $2.7bn portfolio sale which is yet to completely close, Secondaries Investor has learned.
2 min read · 14 November 2016
OPTrust, which manages Canada’s 10th largest public pension, had previously signalled it was considering opportunistic sales of private equity assets.
2 min read · 02 November 2016
Removal of restrictions on asset holdings by Solvency II, coupled with low fixed income returns, is encouraging insurers to allocate more cash to alternatives.
2 min read · 31 October 2016