Some board members have voiced concerns about the pace at which the $20bn pension is implementing plans to branch out into secondaries and co-investments.
3 min read · 02 December 2020
ICG underwrote nearly half the transaction on Curium Pharma, an asset described as ‘cream of the crop’ by one secondaries buyer.
2 min read · 02 December 2020
The Spanish fund of funds manager beat the target of its debut Arcano Earth Fund, which is already almost 90% deployed.
2 min read · 01 December 2020
Sellers pushed on with secondaries sales despite the crisis and dealflow is likely to remain strong into December, according to Jared Barlow, a partner at the firm.
2 min read · 01 December 2020
The firm, which last week closed the sale of a minority stake in Pensions Insurance Corporation to a UK family office, will begin marketing Keyhaven Secondaries Fund III next year.
2 min read · 30 November 2020
London CIV, formed through the pooling of 32 London Local Authority Pension Funds, is set to launch a series of private market investment funds.
2 min read · 30 November 2020
The two large GP-led deals are part of a shift in the secondary market away from traditional sales of fund stakes held by limited partners, to deals by GPs to manage assets held in older funds.
2 min read · 30 November 2020
Submissions for the PEI Awards suggest 2020 could have been far worse for the secondaries market.
2 min read · 26 November 2020
Medical devices business Confluent accounted for a majority of NAV in a transaction involving Ampersand Capital Partners.
2 min read · 26 November 2020
The rise of GP-led deals has highlighted the importance of liability protection, bringing warranty & indemnity insurance into the secondary market, say insurance broker Lockton and law firm Akin Gump.
4 min read · 25 November 2020