The bank plans to request additional extensions for the majority of the $2.3bn investments while considering other options such as secondaries sales.
2 min read · 31 October 2016
Removal of restrictions on asset holdings by Solvency II, coupled with low fixed income returns, is encouraging insurers to allocate more cash to alternatives.
2 min read · 31 October 2016
UK trade minister Mark Garnier said on Wednesday the UK is likely to lose its financial passporting rights as a result of Brexit, but research suggests the alternatives industry would be relatively unscathed.
2 min read · 28 October 2016
The preeminent sovereign wealth fund of the country has opened a satellite office in Hong Kong which will house research professionals.
2 min read · 27 October 2016
Standard Life’s private equity unit has collected $213m for its latest secondaries fund, which will focus on stakes in funds of funds and secondaries funds, among other strategies.
1 min read · 27 October 2016
New 2nd Capital has hired three professionals including Top Tier Capital’s head of secondaries.
1 min read · 27 October 2016
The world’s largest pension plan has issued an RFP for investment consultants to advise on its underweight alternatives portfolio.
2 min read · 26 October 2016
The Californian pension, which is planning to target lower risk strategies, is exploring the sale of fund interests from its $26bn real estate holdings.
2 min read · 26 October 2016
The advisory firm has relocated two staff from its London headquarters and added an executive from Portfolio Advisors.
1 min read · 26 October 2016
The direct secondaries firm, which is planning to open a Mumbai office, has made a $21m investment in construction and engineering companies in India.
1 min read · 25 October 2016