Investors in the $265m Indochina Land Holdings II fund have opted to sell their positions at a significant discount to a Gaw Capital-sponsored special purpose vehicle after the fund was timed out.
2 min read · 29 May 2015
Consumer groups’ concerns regarding the fund’s investment in a payday lender prompted the New Jersey State Investment Council to explore various options for dealing with the exposure.
2 min read · 28 May 2015
Lea Lazaric Calvert will start in July in Evercore’s London office and will focus on advising leading financing institutional investors and fund sponsors on secondary transactions.
2 min read · 28 May 2015
Paul Capital has sold several fund stakes in recent months as the firm is in the process of becoming a ‘closed-doors’ firm. This sale was of a stake in Vision Capital IV, which retains Elegant Hotels in Barbados.
1 min read · 27 May 2015
The firm has already committed 21% of Stafford International Timberland VII’s $484 million and plans to open an office in Latin America in the third quarter.
2 min read · 26 May 2015
The deal comes only months after Lone Star acquired a large real estate portfolio from Moorfield for £1 bn.
2 min read · 22 May 2015
The fund, which had a first close nearly 18 months ago, was oversubscribed.
2 min read · 22 May 2015
The average size of funds that closed in the first quarter was less than half of the average size of funds that closed in the same period in 2014.
1 min read · 21 May 2015
The Paris-based private equity intermediary will use the capital mainly to focus on marketing its platform to potential new members.
2 min read · 19 May 2015
The Baltimore Fire and Police Employees’ Retirement System has committed to secondaries funds managed by LGT Crown and Greenspring Associates.
1 min read · 15 May 2015