Cuyahoga Capital Partners has been acquired by Private Advisors. Cuyahoga founders Bart Shirley and Chris Hanrahan will join the firm.
2 min read · 10 October 2012
It’s not surprising LPs get irate about the terms of fund restructurings. But ultimately, they need to be grateful that the market is offering them some kind of way out.
3 min read · 05 October 2012
The bank’s alternative investments group is set to beat its $600m target for its second investment vehicle to buy fund interests, and will likely wrap-up fundraising around the end of the year.
2 min read · 05 October 2012
The appointment of Daniel Green as chief investment officer allows chief executive Marleen Groen to focus purely on her role as head of the business as it continues to expand.
2 min read · 01 October 2012
The Nebraska Investment Council made a total of $50m in commitments to HarbourVest’s latest ‘Dover Street’ fund – targeting $3bn – and RCP’s eighth fund of funds vehicle.
2 min read · 28 September 2012
CPPIB has anchored a vehicle managed by the Grant Behrman-led firm to house five portfolio companies. The companies will pay an exit fee used mostly to cash out existing LPs.
3 min read · 11 September 2012
French private equity group Idinvest, formerly the in-house arm of investment bank Allianz, has held a €100m first close on its new secondaries fund.
1 min read · 07 September 2012
A recent fund restructuring on the secondary market illustrates how secondaries firms can help create options for LPs in funds well beyond their contractual lives. By Christopher Witkowsky
7 min read · 04 September 2012
The restructuring, financed in part by an investor group that includes Landmark and Vision Capital, is seen as a way of providing options to LPs in a fund that has lived beyond its intended life.
4 min read · 29 August 2012
The $37bn retirement system is issuing an RFP for a consultant to assist in the engagement of the private equity secondary market.
2 min read · 24 August 2012