The fund, which targets high net worth individuals, bought stakes in Carlyle Asia Growth Partners III and Carlyle/Riverstone Global Energy and Power Fund II on the secondaries market. It also expanded its exposure to other funds, including Carlyle Partners V, which owns Axalta Coating Systems.
2 min read · 12 June 2015
The California Public Employees’ Retirement System plans to cut its relationships with external private equity managers from 100 to 30, according to Ted Eliopoulos, chief investment officer of the $300bn pension fund.
2 min read · 08 June 2015
LPs have a more positive view of private equity in the Asia-Pacific region and plan to be active buyers and sellers in the secondaries market within the next two years, according to a new report by Coller Capital.
1 min read · 08 June 2015
The retirement system for the Big Apple is looking to use the secondaries market as a portfolio management tool.
2 min read · 04 June 2015
With the transactions, ILIM, an investor in Irish real estate, will expand its exposure to European property investments.
1 min read · 03 June 2015
The fund of funds invested in Nordic Capital Fund VII, Permira Europe III and Permira IV.
2 min read · 01 June 2015
Investors in the $265m Indochina Land Holdings II fund have opted to sell their positions at a significant discount to a Gaw Capital-sponsored special purpose vehicle after the fund was timed out.
2 min read · 29 May 2015
Consumer groups’ concerns regarding the fund’s investment in a payday lender prompted the New Jersey State Investment Council to explore various options for dealing with the exposure.
2 min read · 28 May 2015
Paul Capital has sold several fund stakes in recent months as the firm is in the process of becoming a ‘closed-doors’ firm. This sale was of a stake in Vision Capital IV, which retains Elegant Hotels in Barbados.
1 min read · 27 May 2015
The deal comes only months after Lone Star acquired a large real estate portfolio from Moorfield for £1 bn.
2 min read · 22 May 2015