The investment bank has agreed to acquire stakes held in Partners’ 2007-vintage secondaries fund in a deal expected to close by the end of September.
1 min read · 19 September 2016
The SEC’s allegations involve the private equity firm’s 2006-vintage Fund XI which it attempted to restructure in the first half of the year.
2 min read · 18 September 2016
The London-listed private equity investor urged shareholders to take no action on HarbourVest Partners’ £1bn bid, saying the 650p-a-share final offer ‘undervalues the company’.
2 min read · 16 September 2016
The advisory firm expects to find a replacement as soon as November, Secondaries Investor has learned.
1 min read · 15 September 2016
The investment manager wants to sell the €1bn vehicle before the end of the year and a new structure will be created to manage the portfolio.
1 min read · 15 September 2016
The former Park Hill partner – who pleaded guilty to defrauding investors of almost $39m – has received a permanent ban.
2 min read · 15 September 2016
The committee approved the act – which would roll back regulatory oversight of private equity – by 30 votes to 26.
1 min read · 14 September 2016
The deal closed around six months after a board member at the US pension expressed scepticism about selling stakes on the secondaries market.
2 min read · 14 September 2016
Secondaries investments made up 23% of investment volume, and a further 22% went into “select private markets managers”, the firm said.
2 min read · 14 September 2016
Sales by pensions surged to account for over a third of sales by volume amid a rise in disposals by opportunistic sellers, according to Setter Capital’s mid-year report.
2 min read · 13 September 2016
