MetLife Investment Management has closed a $1.6bn fund seeded by a portfolio acquired off its own general account, part of a trend of insurers looking to become asset managers.
2 min read · 12 April 2022
The fund has $250m of initial capital to invest primarily in secondaries and will target high-net-worth individual investors in the US.
2 min read · 06 April 2022
The firm’s debut secondaries fund raised €358m to invest in North American and European buyout funds in the lower mid-market.
1 min read · 05 April 2022
Global Secondaries VI has a levered sleeve targeting returns of more than 20%, a feature more commonly found in credit funds.
2 min read · 30 March 2022
UK head Olivier Decannière and former US head Benoît Verbrugghe are among those not listed as key people on the secondaries giant’s ASF IX fund, which is seeking $15bn.
3 min read · 25 March 2022
Buyers are seeking deals structured with a profit-sharing component as market volatility takes hold, according to Gerald Cooper of Campbell Lutyens.
2 min read · 24 March 2022
The GP-leds specialist firm, which is run by three former CPP Investments professionals, has been raising a fund focusing on single-asset opportunities.
2 min read · 24 March 2022
Goldman Sachs Asset Management is in market with its ninth private equity secondaries fund, having closed its predecessor on $10.3bn.
1 min read · 22 March 2022
Goldman Sachs Asset Management currently invests in private equity and real estate secondaries through its Vintage family of funds.
2 min read · 21 March 2022
Argosy Strategic Partners, the firm’s secondaries unit, exceeded its fundraising target in just five months since its first close.
2 min read · 17 March 2022
