The distressed debt fund, raised about 10 years ago, was caught in Lehman Brothers’ collapse, which impacted its returns.
3 min read · 27 October 2015
The stakes are in Lion Capital II, which currently has a negative internal rate of return.
2 min read · 27 October 2015
Lexington acquired the stakes from CPPIB in July and transferred a portion of them to CalPERS in a recent transaction.
3 min read · 26 October 2015
Secondaries firms are now broadening their view of leverage and considering its use to boost returns through dividend recaps and help minimise currency volatility.
3 min read · 26 October 2015
The firm said the advisory side of the business, including secondaries, was impacted by equity market volatility during that period.
2 min read · 23 October 2015
The New York-based start-up helps private companies like DocuSign, Shazam and Tango find liquidity for securities.
2 min read · 22 October 2015
The insurance company unloaded interests in at least six European funds, mostly tail-end, to PineBridge and Akina.
2 min read · 21 October 2015
The firm has acquired a bundle of tail-end interests from Europe’s largest financial services group.
2 min read · 21 October 2015
The Zug, Switzerland-based firm has acquired a bundle of at least nine stakes across various fund strategies from Finnish pension fund Keva.
2 min read · 21 October 2015
Hamilton Lane, Pomona and Northwestern Mutual all purchased parts of the interests in CCP VII and CCP VIII.
2 min read · 20 October 2015
