Four months of talks between GMT and its LPs to restructure GMT’s Fund II are nearing a resolution, as GMT looks to get back on the fundraising trail to raise €400m for Fund IV.
1 min read · 03 April 2014
The complex sale of CVCI fund interests by TRG includes Citigroup balance sheet, employee and client money that push it in excess of $2bn.
1 min read · 27 March 2014
The life sciences-focused direct secondaries firm has purchased 20 assets thought to be worth $5-10m each with the backing of Lexington Partners.
1 min read · 24 March 2014
A unique structure is said to have allowed Ardian to bypass the time-consuming GP approval process for all 350 interests.
1 min read · 20 March 2014
The Blackstone-owned secondaries firm has snapped up BAML’s stake in Ares European Real Estate Fund III.
1 min read · 14 March 2014
Committed Advisors’ managing partner Daniel Benin is one of the first to put a figure on what’s expected to be a strong first quarter.
1 min read · 07 March 2014
The AXA spin-out is closing in on its €400m target.
1 min read · 28 February 2014
Europe’s biggest bank has hired Campbell Lutyens to advise on the potential sale of its principal direct investments arm. The mid-market group is expected to be valued at circa $1.5bn.
2 min read · 24 February 2014
Market sources expect an agreement in coming weeks that would allow LPs in the firm’s 2002-vintage Fund III to gain liquidity.
1 min read · 20 February 2014
Large-scale asset disposals coupled with an improved primary fundraising market should increase dealflow, according to advisory firm Altius.
1 min read · 17 February 2014
