The revelation that an LP commitment to Accel Partners’ 2009 fund makes the church an indirect investor in Wonga, a payday loan provider it has publicly criticised, has prompted the church to review its entire portfolio.
2 min read · 26 July 2013
The bank’s private fund group has hired Mark McDonald to help manage its secondaries activities in Europe, Middle East, Africa and Asia.
2 min read · 22 July 2013
The firm is seeking $500m for Fund III, which originally had a $1.3bn target.
1 min read · 17 July 2013
The firm’s third co-investment fund brings Lexington’s total capital raised for co-investments to about $4bn since 1998.
2 min read · 17 July 2013
The $75.64 billion pension system disclosed the names of all 25 fund interests in its massive real estate secondaries offering yesterday. It also committed $185 million to Prologis’ second open-ended core fund focused on Europe.
4 min read · 12 July 2013
With the ‘surprising’ hiring of former UBS secondaries executives Nigel Dawn and Nicolas Lanel, Evercore has almost overnight become a major player in the secondaries world.
2 min read · 11 July 2013
The $150m in commitments to the fourth Asia-focused fund so far are through re-ups from the previous Asia vehicle.
1 min read · 10 July 2013
The firm’s oversubscribed Dover Street VIII fund surpassed its $3bn target and managing director Brett Gordon sees more secondaries opportunities ahead.
2 min read · 10 July 2013
The firm’s oversubscribed Dover Street VIII fund surpassed its $3bn target and managing director Brett Gordon sees more secondaries opportunities ahead.
2 min read · 10 July 2013
Vintage Fund VI, which has been targeting $5bn, was expected to close in mid-June.
1 min read · 01 July 2013
