The New York-based private equity firm has hired Moelis & Co to help recap funds raised in 1998 and 2006, with any restructure potentially including a carry reset on Fund III.
2 min read · 02 May 2014
The firm aims to raise investment for a new Fund V while giving LPs such as Harbourvest and OPERS the option to exit Fund IV from 2006, sources say.
2 min read · 01 May 2014
Hard on the heels of the firm’s recent $9bn fund close comes the purchase of a $1.3bn portfolio from GE.
1 min read · 29 April 2014
London-based NBGI Private Equity is the latest bank spin-out expected to produce a structured secondaries deal.
1 min read · 24 April 2014
JPMorgan’s listed FoF plans to spend $150m on secondaries interests and directs.
1 min read · 13 April 2014
Several factors including higher pricing lowered buyers’ targeted returns, according to a survey of market participants by the Swiss investment bank.
2 min read · 11 April 2014
Secondaries Investor reveals more details about the Ardian-managed fund comprising 36 LP stakes.
1 min read · 10 April 2014
The identities of two of the 24 fund interests purchased by Lexington from Ireland’s NPRF in January have been disclosed.
1 min read · 08 April 2014
The Spanish banking giant has sold a 28-strong portfolio of venture capital funds.
1 min read · 07 April 2014
The $627bn sovereign wealth fund is ramping up its secondaries capabilities, and said to be on the hunt for good fund restructuring opportunities.
2 min read · 07 April 2014
