The $11.5bn pension is facing a ‘severe’ liquidity crisis and is looking to credit opportunities to provide much-needed cash flow.
1 min read · 07 May 2009
The Boston-based fund of funds and secondaries firm has held a final close on Dover Street VII, the global secondaries fund that earlier this year backed Lehman Brothers’ venture spin out.
1 min read · 24 April 2009
The Blackstone spin-out has already held a first close on its second fund to focus on direct venture capital secondaries. It recently acquired stakes in nine new companies including Facebook, Zappos and eHarmony.
2 min read · 23 April 2009
The bank’s Alternative Investment Partners division will target buyout funds in North America and Western Europe, global venture and global special situations funds.
2 min read · 20 April 2009
GS Vintage Fund V will focus on LP private equity interests and providing liquidity to LPs and GPs around the world, focusing on deals ranging in size from $1m to $1bn.
2 min read · 13 April 2009
The San Francisco-based secondary specialist estimates some $5bn in venture secondary assets are up for grabs.
2 min read · 23 March 2009
The London-listed private equity giant is trying to sell some of its European venture capital portfolio in an attempt to reduce its debt load.
2 min read · 11 March 2009
Other than this secondaries play, the $2.3bn pension may commit no further capital to private equity GPs this year as it struggles with a ‘cash flow crunch’.
2 min read · 04 March 2009
The Washington, DC-based mega-firm has already made investments from Carlyle Mezzanine Partners II and bought some mezzanine investments on the secondaries market.
2 min read · 03 March 2009
The New York-based secondaries firm plans to capitalise on an expanding secondary market in 2009 and 2010. Fund VII will invest mostly in the US, but also in emerging markets.
2 min read · 15 December 2008
