QSuper, one of Australia’s largest superannuation funds, is said to be aiming to capitalise on current secondaries market pricing with the sale.
1 min read · 19 May 2014
Perseus, the US-based private equity manager, has retained the ownership of its second most valuable asset after talks to sell the publishing company wound up without a sale.
1 min read · 19 May 2014
HarbourVest Partners has stepped in to rescue the two-year restructuring process of the Australian private equity firm’s funds, giving investors the option of joining a new vehicle.
1 min read · 16 May 2014
The former private equity arm of investment bank Lazard is seeking a recap of its $1.1bn 2005-vintage Fund II, according to sources.
1 min read · 12 May 2014
The stapled secondaries deal would see Lexington Partners carve out JP Morgan Chase’s private investments arm at a large premium to NAV.
2 min read · 09 May 2014
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