The bank is letting the investments run through the end of their life and may tap the secondaries market only if interests remain by the Volcker Rule’s July 2017 deadline.
2 min read · 06 November 2015
Amendments to the UK’s 2015 Summer Finance Bill were added to confirm certain taxes will not apply when fund managers dispose of their carried interest rights.
2 min read · 05 November 2015
The firm’s seventh venture capital fund of funds will make some secondaries investments in funds and companies.
2 min read · 05 November 2015
Lexington invested out of its $10bn LCP VIII vehicle, the biggest secondaries fund ever raised.
2 min read · 05 November 2015
The Geneva-based firm will launch a secondaries fund targeting ‘under the radar’ deals before year-end.
2 min read · 05 November 2015
The global private equity firm launched the fund in August and is looking to raise its biggest secondaries fund.
1 min read · 04 November 2015
The acquisition was part of a large sale from insurance company Nationwide, which was rebalancing its private equity portfolio.
2 min read · 04 November 2015
The Paris-based firm also hired a former Evercore professional for the new team in New York.
1 min read · 04 November 2015
The Singapore-based Credit Suisse spin-out will target between $300m and $500m for its first blind pool fund to tap Asian direct secondaries.
2 min read · 03 November 2015
Recently released filings show stakes in the Boston-based growth firm’s funds were also a part of September’s large sale to Partners Group.
2 min read · 03 November 2015
