The secondaries giant was expecting a first close on its LCP X flagship in the third quarter of this year, documents seen by Secondaries Investor show.
2 min read · 09 November 2021
Mozaic Capital is advising on the process designed to rebalance the pension’s $120.5bn portfolio, amid the resurgence of LP-led deals.
2 min read · 08 November 2021
The deal marks the second time in four months a large global investor has taken outside capital to free up its balance sheet.
3 min read · 03 November 2021
The financial services holding company, which has $1.5trn in AUM, is paying $1.75bn for one of the largest remaining independent secondaries firms.
2 min read · 01 November 2021
Sevita, which offers various home- and community-based care services to the nation’s most in-need populations, has already produced gains for its current owners — whome took the company private at a $1.4bn valuation in 2019.
4 min read · 01 November 2021
The acquisition of the BlackRock single-fund position could presage opportunity for pensions with a lower cost of capital than typical secondaries buyers.
2 min read · 28 October 2021
About half of the infrastructure manager’s portfolio is understood to be within the digital infrastructure and communications sector.
2 min read · 27 October 2021
The $25.3bn US public pension wants to sell private equity fund stakes and divest of non-strategic relationships, documents show.
2 min read · 26 October 2021
The deal overtakes Alaska Permanent Fund’s $1bn sale of a portfolio of stakes to Strategic Partners in July last year, Secondaries Investor understands.
2 min read · 26 October 2021
