News & Analysis

The deals add to what has been a busy year for the Canadian pension, which has been an active participant on the buy and sellside of the secondaries market.

Hark Capital has set a $750m target for its fifth fund, representing a 50% increase on its previous fundraising target.

The London-based asset manager is also in the market with the second vintage of its LP-focused secondaries fund.

The pension plans to streamline its real asset portfolio and aims to meaningfully reduce its GP relationships over the next three years.

January through the end of September this year saw 59 known continuation vehicles close, most of which were single-assets, according to data gathered by Secondaries Investor.

The ‘structural dislocation’ in the APAC secondaries market will create opportunities for dedicated players, Aquilius’ new head of PE secondaries tells Secondaries Investor.

The listed asset manager has hired former Partners Group managing director Henri Lusa to head up the unit, according to a statement seen by Secondaries Investor.

New Mountain continues to build out its GP-led strategy following the hire of its co-lead Neal Costello from Carlyle AlpInvest earlier this year, Secondaries Investor has learned.

The British GP has relocated a senior executive to lead the Singapore desk and added two staff to support him amid asset managers’ growing focus on targeting wealthy clients.

While LPs are ‘not leaving’ impact, investors have limited capital to deploy into the market, which is heavily dominated by emerging managers, a secondaries buyer said at PEI Group’s New Private Markets Investor Summit.