A collection of 23 regional Swedish insurers has put up one of the largest-ever secondaries offerings in Europe, including stakes in managers like TA Associates, BC Partners, TPG, Advent, Apax and Bain.
2 min read · 20 March 2012
The Virginia Retirement System engaged the secondary market as a buyer for the first time in 2011, purchasing three commitments for $100m.
2 min read · 16 February 2012
The Swiss-based private markets investment firm says discounts to net asset values improved from the buyer’s perspective for secondary real estate portfolios towards the end of last year.
3 min read · 25 January 2012
The sovereign wealth fund is using the secondary market for its first-ever intermediated sale of private equity stakes as it works to trim down the size of its portfolio. UBS is running the process.
2 min read · 18 January 2012
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
