The city’s pension system has put an initial offering of about $750m-worth of LP stakes on the secondary market, kick-starting what could be a very busy year for private equity secondaries.
4 min read · 13 January 2012
The New Jersey Division of Investments has sold stakes in GTCR, TPG and Madison Dearborn V-A, which sold at a discount.
2 min read · 08 December 2011
The San Francisco-based firm has purchased a $25 million commitment to Buchanan Street Partners’ fifth fund, the $400 million Buchanan Fund V, in its first secondary acquisition since the start of the global financial crisis.
2 min read · 17 October 2011
The Japanese conglomerate is selling a portfolio of buyout stakes to AXA Private Equity.
2 min read · 28 September 2011
The $65bn pension system earlier this year completed a secondary sale run by Cogent Partners of fund stakes in TPG Capital, Apollo Global Management and Warburg Pincus.
2 min read · 27 July 2011
The global secondaries firm acquired an interest in 20 Cognis Capital portfolio companies in the deal, which allows existing stakeholders to sell their stakes or rollover into the new fund.
1 min read · 26 July 2011
Committed Advisors, founded by former AXA PE executives Daniel Benin and Barthelemy de Beaupuy, has already closed on eight transactions.
1 min read · 07 July 2011
AXA Private Equity continues to capitalise on regulations which make private equity assets less attractive to banks, sealing its fourth secondaries deal to take the value of its recent portfolio acquisitions to $5.1bn.
2 min read · 30 June 2011
The New York-based private equity real estate secondaries firm has entered into its first student housing deal with the 80% equity interest purchase of two assets for $30m.
1 min read · 27 June 2011
The $10.5bn pension worked with UBS to sell a portion of its private equity portfolio. The pension board last week approved more than $100m in commitments, including to Cinven’s fifth fund.
2 min read · 21 June 2011