The city’s pension system has put an initial offering of about $750m-worth of LP stakes on the secondary market, kick-starting what could be a very busy year for private equity secondaries.
4 min read · 13 January 2012
The firm’s fifth global secondaries fund could collect at least half of its $750m target by March, giving Adams Street hefty buying power in what is expected to be an intense deal environment during the first two quarters.
2 min read · 12 January 2012
The private equity-focused investment bank has made three promotions in London and Dallas.
2 min read · 06 January 2012
The Japanese private equity firm has attracted Japanese pension fund investments and expects to launch a successor fund for Greater China in 2012.
1 min read · 22 December 2011
Coller Capital has agreed the latest in a slew of banking-related secondaries this year sparked by the forthcoming Volcker rule, acquiring the in-house private equity arm of French bank Crédit Agricole.
1 min read · 16 December 2011
Nearly 50 percent of investors are stuck with commitments to so-called ‘zombie funds’, according to Coller Capital’s Winter Barometer.
3 min read · 12 December 2011
The New Jersey Division of Investments has sold stakes in GTCR, TPG and Madison Dearborn V-A, which sold at a discount.
2 min read · 08 December 2011
Scott Myers, who helped form secondary specialist Cogent Partners in 2002 along with other former executives from the Crossroads Group, is taking a reduced role at the firm.
2 min read · 21 November 2011
The San Francisco-based firm has purchased a $25 million commitment to Buchanan Street Partners’ fifth fund, the $400 million Buchanan Fund V, in its first secondary acquisition since the start of the global financial crisis.
2 min read · 17 October 2011
Ernest Lambers and John Stephens have left the emerging markets fund of funds to join the London and Hong Kong offices of secondaries-focused Pomona.
2 min read · 05 October 2011