If a fund’s main investor base is in the UK, products may be re-domiciled to the UK and become unavailable to European investors, according to MUFG Investor Services’ COO.
1 min read · 11 August 2016
The New York-based investment bank has to meet Volcker Rule standards, which requires banks reduce their private investment interests to 3% of their tier 1 capital by the new July 2017 deadline.
2 min read · 11 August 2016
The secondaries firm has made a number of recent hires including former Deutsche Bank, StepStone and JPMorgan professionals.
1 min read · 11 August 2016
The firm manages two other real estate-focused funds, the $250m Clairvue Capital Partners I and $120m Clairvue Capital Partners II.
1 min read · 10 August 2016
The American Investment Council criticised the Republican presidential nominee’s plan to end favourable tax treatment of carried interest, saying it shows a ‘lack of understanding’.
2 min read · 10 August 2016
The US’ largest public pension disposed of 46 fund interests with 24 managers and made $450m in proceeds during the period, according to a consultant’s report.
2 min read · 10 August 2016
All investors in the smaller-end secondaries firm’s debut fund re-upped in its latest vehicle, Traveller Capital’s founder and managing member told Secondaries Investor.
1 min read · 09 August 2016
Proskauer Rose’s Howard Beber and Michael Suppappola tell Secondaries Investor that despite having healthy scepticism, LPs are increasingly judging each deal on its merits.
4 min read · 09 August 2016
The global investment firm’s infrastructure and real assets group will provide primary and secondaries fund advice.
2 min read · 09 August 2016
The China-focused private equity firm hired Lazard at the beginning of the year to help it restructure its $400m fund, Secondaries Investor has learned.
3 min read · 08 August 2016
