The $70.8 billion pension system is considering a massive sale of real estate holdings in a continuing effort to cull under-performing or redundant investments from its portfolio.
2 min read · 17 January 2013
Recently promoted director Andy Nick will lead the private equity investment bank’s West Coast office.
2 min read · 17 January 2013
The $6.4bn retirement system plans to invest in mezzanine and direct lending, distressed, secondaries, buyouts and funds of funds.
2 min read · 16 January 2013
Harvey Lambert, head of the firm’s secondaries group, left in December. A second high-ranking secondaries executive, Kennon Koay, left around the same time.
2 min read · 16 January 2013
The niche secondaries investor – which has helped firms including SVG with refinancing needs – had a 75% re-up rate for a fund that’s more than double the size of its predecessor.
2 min read · 11 January 2013
The firm is expected to hold a first close on its third mid-market secondaries fund by the end of the year.
2 min read · 11 December 2012
Daryl Cohen has been named partner in the secondaries firm’s London office. Vision has also promoted three other investment professionals to associate.
2 min read · 11 December 2012
The firm has already put one-fifth of its over-subscribed new fund to work with an eye to invest more in Asian secondaries than ever before.
2 min read · 10 December 2012
The former CIO of Morgan Stanley AIP’s real estate fund of funds business has formed Candlewood Investments to specialise in secondaries and co-investments.
2 min read · 30 November 2012
HarbourVest Partners’ latest secondaries vehicle is offering an average annual management fee of 0.81%, according to University of Houston documents.
2 min read · 27 November 2012