The $56bn US pension will continue to look to the secondaries market to sell certain non-core holdings, CIO James Grossman has said.
2 min read · 13 October 2020
Business that have benefited from the coronavirus crisis are as difficult to value as those that have suffered, says Glendower Capital’s CIO at the annual BVCA Summit.
2 min read · 12 October 2020
We look under the hood of what drove the Australian SWF to undertake a major rebalancing of its private equity portfolio prior to the coronavirus pandemic.
4 min read · 08 October 2020
The Canadian pension giant is understood to have sold chunks of the portfolio, worth as much as $2.5bn in total, to separate buyers.
2 min read · 07 October 2020
The distinction between secondaries and co-investments is becoming increasingly irrelevant, according to Patrick Knechtli and Colin Burrow from Aberdeen Standard Investments.
2 min read · 06 October 2020
The process follows the close last week of a $600m yuan-to-dollar restructuring involving Chinese sponsor IDG Capital.
2 min read · 01 October 2020
The private equity firm’s latest fund, the $16bn Capital Partners Fund IX, is understood to be participating in the transaction.
3 min read · 30 September 2020
The four-person team, led by Dan Nolan, has moved to a Swiss outfit and is understood to be working with a US endowment on a portfolio sale.
2 min read · 29 September 2020
Buyers will value a ‘safe pair of hands’ over pure return potential until the market stabilises further, according to Elm Capital.
2 min read · 28 September 2020
IDG Capital, which has $20bn in assets, is understood to have run a novel yuan-to-dollar secondaries process advised by Lazard.
2 min read · 25 September 2020
