DFJ Esprit Secondaries will be the largest venture secondaries firm in Europe, as the buzz around venture escalates in the run up to Facebook’s public market debut.
2 min read · 14 March 2012
Greenpark Capital has appointed Chin Chin Teoh (pictured) from Bank of America Merrill Lynch to lead its newly-opened Hong Kong office.
2 min read · 08 March 2012
Banks and other financial institutions were the most active sellers of fund interests last year, according to the latest findings from Landmark Partners.
2 min read · 07 March 2012
Daniel Meade was involved in fundraising for Eaton Partners illiquid strategies, including private equity, real estate and real assets.
1 min read · 22 February 2012
The Virginia Retirement System engaged the secondary market as a buyer for the first time in 2011, purchasing three commitments for $100m.
2 min read · 16 February 2012
The bank’s Strategic Partners team sweetened terms on its fifth secondaries fund, including not only committed capital, but fees and expenses that must be paid back to LPs, plus an 8% return, before the GP collects carried interest.
3 min read · 16 February 2012
The bank’s Strategic Partners group has closed its fifth secondaries fund at a time of intense activity on the market from banks and public pensions selling chunks of their private equity holdings.
3 min read · 15 February 2012
The Swiss-based private markets investment firm says discounts to net asset values improved from the buyer’s perspective for secondary real estate portfolios towards the end of last year.
3 min read · 25 January 2012
The $51bn pension is dedicating $100m for opportunistic secondaries and co-investments with existing managers.
2 min read · 20 January 2012
The sovereign wealth fund is using the secondary market for its first-ever intermediated sale of private equity stakes as it works to trim down the size of its portfolio. UBS is running the process.
2 min read · 18 January 2012
