The New York-based firm has already deployed 40% of Fund III’s capital in 10 transactions, four of which have been with banks and financial institutions.
2 min read · 08 July 2014
UK Real Estate Recovery II and Madison International Real Estate Liquidity Fund V closed during the first half of 2014.
1 min read · 07 July 2014
Fundraising during the first two quarters was led by Ardian’s $9bn AXA Secondary Fund VI, according to PEI’s Research and Analytics division.
1 min read · 07 July 2014
Last month the firm absorbed real estate-focused Clairvue Capital Partners to create StepStone Real Estate, which now intends to raise its first fund.
1 min read · 03 July 2014
Hong Kong-based NewQuest has been putting Fund II to work and is expected to have deployed 50% of its capital by the end of July.
2 min read · 02 July 2014
The private equity arm of the Frankfurt-based bank is targeting $1bn for its Secondary Opportunities Fund III.
1 min read · 01 July 2014
The $13bn Teachers Retirement System would pay a 1 percent management fee to the Landmark Real Estate Partners VII fund, which is targeting $1bn.
2 min read · 26 June 2014
European funds on average aim to raise nearly 50% more than US peers, according to PEI Research & Analytics.
2 min read · 23 June 2014
The direct secondaries firm has invested in a round of funding for Onzo, a company it acquired through a staple funding transaction in 2012.
2 min read · 19 June 2014
Interest in the secondaries markets may grow as more primary investors cool their concerns, according to Steve Costabile, global head of private funds at PineBridge.
2 min read · 18 June 2014