The San Francisco secondaries firm exceeded its sixth fund’s $300m target by attracting new LPs and re-ups.
1 min read · 11 July 2011
Secondaries specialist Cipio Partners has promoted two of its team, including its chief financial officer, to managing partner, in a bid to introduce a younger generation to the firm’s senior management team.
1 min read · 08 July 2011
Concern is increasing about struggling funds that will cling to life for as long as possible to keep collecting fees. LPs must get together to kill them off, writes Christopher Witkowsky.
3 min read · 08 July 2011
Committed Advisors, founded by former AXA PE executives Daniel Benin and Barthelemy de Beaupuy, has already closed on eight transactions.
1 min read · 07 July 2011
Abu Dhabi Capital Management Secondary Private Equity Fund is 40% invested. The firm will raise a second fund focused on secondaries ‘in a few months’ with a $100m target.
1 min read · 06 July 2011
The firm has closed its seventh fund on $7bn and has raised an additional $650m for Lexington Middle Market Investors II, a complementary vehicle to invest in ‘young’ private equity interests.
2 min read · 05 July 2011
The Marleen Groen-led firm won a mandate from the IFC to raise up to $500m for a secondaries fund that will target private equity in emerging economies.
3 min read · 05 July 2011
AXA Private Equity continues to capitalise on regulations which make private equity assets less attractive to banks, sealing its fourth secondaries deal to take the value of its recent portfolio acquisitions to $5.1bn.
2 min read · 30 June 2011
Secondaries provide large pension funds the opportunity to ‘move the battleship’ – nimbly reposition themselves, in other words, according to the head of New York City’s pension fund.
2 min read · 28 June 2011
The New York-based private equity real estate secondaries firm has entered into its first student housing deal with the 80% equity interest purchase of two assets for $30m.
1 min read · 27 June 2011
