News & Analysis

Goldman Sachs Alternatives has held the final close on the real estate secondaries market’s largest ever vehicle. Which other firms round out the top 10?

Diversis, formed in 2013, acquired a majority stake in Tempo in 2018, and bought the rest of the company in 2022.

Details of the fund’s target and fundraising update, as well as expected performance and fees, were disclosed in US pension documents.

The GP-led and special situations-focused manager had raised around one-quarter of its target as of mid-May.

The country’s largest public pension will pursue both private equity and private credit continuation fund opportunities, according to investment policy committee member Sam Y Chung.

Such alternatives could be better options than selling fund stakes if LPs must take massive discounts, according to the $251bn pension’s senior investment officer John Bradley.

The niche secondaries firm is seeking $450m for Glouston Private Equity Opportunities VII.

To create a more comprehensive apples-to-apples comparison, respondents to Secondaries Investor’s annual law firm survey were provided with this set of parameters.

The NAV-lending specialist has also opened an office in Dubai, bringing its global bureau count to three.