As AlpInvest Partners seeks $8bn for its latest secondaries programme, we look at the Carlyle Group subsidiary’s performance so far.
1 min read · 11 December 2019
The Richmond, Virginia-based small secondaries firm closed its last fund in March 2018 on $275m.
1 min read · 10 December 2019
The lawyer hired to defend NYPPEX CEO Laurence Allen plans to try to get the New York state attorney-general’s plea for an injunction and a receiver for relevant assets thrown out.
3 min read · 09 December 2019
The firm will need LP approval to continue investing from the vehicle, which has thus far collected $2.75bn against a target of up to $12bn.
3 min read · 08 December 2019
The alternatives veteran was terminated for failing to disclose a workplace relationship, according to internal memos.
3 min read · 06 December 2019
The New York attorney-general has filed a lawsuit against Allen, who runs a secondaries fund and a secondaries intermediary business, for allegedly misappropriating more than $13m.
2 min read · 05 December 2019
The credit fund secondaries market could be huge. The question is ‘when?’
2 min read · 05 December 2019
San Francisco-headquartered Liquid Stock’s $161m fund extends part-debt/part-equity financing to private company shareholders.
2 min read · 05 December 2019
An increased need for liquidity and a lack of enthusiasm for preferred equity are two trends that emerge from the secondaries firm’s latest investor survey.
3 min read · 04 December 2019
Verdun Perry, the Blackstone secondaries unit’s global head, says the size and age of the private credit market means it is ‘not ripe’ for secondaries.
3 min read · 04 December 2019
