StepStone tapped its latest secondaries fund to acquire George Kaiser Family Foundation’s entire stake in the six-asset vehicle.
2 min read · 03 August 2016
The sale of Fidor comes after the firm offloaded six European assets earlier in the year in a direct secondaries transaction worth €96m.
2 min read · 02 August 2016
Firms including HarbourVest Partners and Pantheon were looking at the deal which involved the firm’s 2007-vintage $750m fund, Secondaries Investor has learned.
2 min read · 26 July 2016
The firm hopes to acquire around a 10% stake in its 2011-vintage fund from LPs wanting to sell interests for cyclical portfolio management reasons.
2 min read · 21 July 2016
With the implementation of the Volcker Rule just 12 months away, banks are increasingly under pressure to reduce their private equity holdings.
2 min read · 08 July 2016
The remaining assets in the real estate manager’s 2006-vintage fund were moved into a new vehicle with Madison investing 20% of the new fund.
2 min read · 05 July 2016
The UK developer’s $618m fund has made investments that include solar power, marine transportation and energy utilities in Europe and the US.
2 min read · 04 July 2016
The secondaries firm acquired the two stakes from German foundation Max Planck and Royal London Mutual Insurance Society.
2 min read · 29 June 2016
The banking group’s Five Arrows Secondary Opportunities unit acquired the interest using its third secondaries fund which was almost fully invested as of November.
1 min read · 22 June 2016
Sales of stakes in tail-ends – mature funds which often hold a handful of portfolio companies – are expected to increase as a percentage of the secondaries market this year.
1 min read · 16 June 2016
