Melissa Ackermann, who joined investment firm Multiplicity Partners in June, discusses the opportunities in out-of-favour real estate secondaries deals.
4 min read · 26 June 2019
The firm, founded by former AlpInvest Partners secondaries head Tjarko Hektor, has hired a vice-president from HQ Capital.
1 min read · 26 June 2019
Tony Cusano has founded Banner Ridge Partners and hired a principal from his former firm as a partner.
2 min read · 26 June 2019
The debut fund will target primary, secondaries and direct co-investments across multiple geographies, sectors and strategies.
2 min read · 25 June 2019
The secondaries giant invested $11bn in the strategy last year, up from $6.4bn the prior year, according to its latest annual report.
2 min read · 24 June 2019
The move comes two weeks after the former co-heads left.
2 min read · 24 June 2019
The investment manager has sold more than €150m of tail-end stakes from its primary vehicles and evergreen mandates.
2 min read · 24 June 2019
The US prosecutor’s claim that Abraaj ‘boosted’ valuations to entice secondaries buyers is at odds with market logic.
2 min read · 20 June 2019
The portfolio is understood to be worth between $250m and $500m, according to sister publication Buyouts.
2 min read · 20 June 2019
The process on the 2011-vintage $11.2bn Fund XI will give the private equity giant liquidity while allowing it to continue managing a prize asset.
2 min read · 19 June 2019
