The investment manager is seeking €700m for its eighth lower-market funds of funds, 40% of which will go to secondaries.
2 min read · 19 June 2019
Richard Olson, who joined the firm in 2017 to build out its secondaries practice, left this month.
1 min read · 19 June 2019
The US public pension has backed Stepstone Secondaries IV which is seeking more than $1bn.
1 min read · 18 June 2019
Around half of the capital raised is via separately managed accounts, Secondaries Investor understands.
2 min read · 18 June 2019
Senior executives at the former emerging markets private equity firm overvalued positions and delayed markdowns to attract LP stakes purchases, a US indictment alleges.
3 min read · 17 June 2019
Chair of the firm’s investment funds practice John Daghlian and secondaries Young Gun Mary Lavelle are joining two former colleagues at Akin Gump.
1 min read · 17 June 2019
The departures follow that of the CEO and COO in March from the investment arm of the German family office.
2 min read · 14 June 2019
The growth in dealflow outweighs the money being raised for the strategy, Mario Giannini told investors on the firm’s latest earnings call.
2 min read · 13 June 2019
Newbury Partners, Pomona and Montana are also among the most suitable candidates for a GP stake investment, according to a report by PitchBook.
3 min read · 13 June 2019
The bank’s secondaries advisory group has teamed up with its fund financing unit and has deployed as much as $3bn over the last two years.
2 min read · 13 June 2019