Blackstone, Fenway Partners and Blackstreet Capital Management were among the firms to be slapped with multi-million dollar fines including one charge related to a secondaries deal.
2 min read · 12 October 2016
Jason Gull will retire at the end of the year from both the global investment firm and the industry, Secondaries Investor has learned.
3 min read · 12 October 2016
Abuzar Anaswala joined the global investment manager in September and brings the number of secondaries professionals it employs to 30.
1 min read · 12 October 2016
The firm used its $1.8bn REIT to acquire a diversified portfolio of limited partnership interests in 41 private equity real estate funds.
2 min read · 12 October 2016
Tim Recker has been running the $9bn private markets portfolio for the University of California Regents, which invests in secondaries and has also sold stakes.
2 min read · 11 October 2016
The world’s eighth-biggest sovereign wealth fund has been developing its in-house secondaries capability over the last two years.
1 min read · 11 October 2016
Discounts could also widen for European funds amid volatility related to Brexit, according to a mid-year report by the advisory firm obtained exclusively by Secondaries Investor.
2 min read · 11 October 2016
The advisory firm and placement agent has made two appointments including a 12-year PAI Partners veteran as a senior advisor.
1 min read · 10 October 2016
Adding operational value can be an acrimonious process, as Hong Kong direct secondaries specialist NewQuest Capital Partners discovered.
2 min read · 10 October 2016
In an effort to trump a £748m preliminary agreement SVG reached with rival suitors Goldman Sachs and CPPIB, HarbourVest has also offered to buy the London-listed private equity investor’s entire portfolio, but for at least £783m.
3 min read · 10 October 2016