Lexington will purchase 33 LP stakes, most of which Lloyds had reportedly acquired when it took over HBOS.
2 min read · 15 December 2010
The Indian financial services firm will pay $171.5m for a 55% stake in Landmark Partners. Religare bought a stake in fund of funds Northgate Capital earlier this year.
1 min read · 02 December 2010
The infrastructure secondaries opportunity is still at an embryonic stage but has “developed significantly” according to a report from Partners Group, the Swiss alternative assets manager. UK social infrastructure in particular is on the radar of investors.
2 min read · 08 September 2010
The listed firm, which has reported strong portfolio company growth in its interim results, looks likely to sell some ‘early secondary’ fund interests to boost liquidity.
2 min read · 27 August 2010
Harvard University is reportedly in advanced talks to sell underlying investments in around six US-focused real estate funds to China sovereign wealth fund, China Investment Corporation.
2 min read · 04 August 2010
As Citi hands over the management for $4bn of its private equity funds to investment advisor StepStone Group, Citi Infrastructure Investors, the investment bank’s captive infra investment arm, will remain on the firm’s books.
1 min read · 19 July 2010
Secondaries specialist Coller Capital has acquired a majority stake in a portfolio of 40 Bank of Scotland Integrated Finance assets from owner Lloyds Banking Group.
3 min read · 05 July 2010
Two bellwether mega-funds are trading at or near par on the secondaries market, a big change from 2009, when these stakes were valued nearly 70% beneath GP-assigned values.
2 min read · 28 June 2010
The £28bn UK pension scheme has bought an “early secondary” in Neuberger Berman Secondary Opportunities Fund II as the pension seeks to expand its co-investment activity.
1 min read · 26 April 2010
The Paris-based firm, also in exclusive talks for some of Natixis’ French private equity operations, has closed ‘one of the largest secondary private equity transactions in history’ with the purchase of a portfolio of mature fund interests.
2 min read · 22 April 2010
