Two bellwether mega-funds are trading at or near par on the secondaries market, a big change from 2009, when these stakes were valued nearly 70% beneath GP-assigned values.
2 min read · 28 June 2010
The Swiss fund of funds manager has raised $1.2bn for its latest secondaries fund.
1 min read · 24 June 2010
San Francisco-based secondaries specialist Liquid Realty Partners has hired former Morgan Stanley dealmaker Mark Degner as managing director of acquisitions, to replace former CIO Jeff Giller.
1 min read · 24 May 2010
The bank’s Alternative Investment Partners team sees opportunities from investors who are trimming portfolios and creating ‘deeper relationships’ with fewer GPs.
2 min read · 17 May 2010
The global development organisation sees an opportunity to help grow private equity secondaries in emerging markets.
2 min read · 17 May 2010
Fresh from a €517m fund close, Partners Group sees ‘highly attractive’ opportunities for direct investments, such as its recent injection £20m in dental chain Oasis.
1 min read · 06 May 2010
The £28bn UK pension scheme has bought an “early secondary” in Neuberger Berman Secondary Opportunities Fund II as the pension seeks to expand its co-investment activity.
1 min read · 26 April 2010
The direct VC secondaries investor had $400m of interest from investors for its second fund.
2 min read · 26 April 2010
The Paris-based firm, also in exclusive talks for some of Natixis’ French private equity operations, has closed ‘one of the largest secondary private equity transactions in history’ with the purchase of a portfolio of mature fund interests.
2 min read · 22 April 2010
For the first time, investors in private equity real estate are turning to the secondaries market, according to Joseph Stecher, CIO of the bank’s real estate fund of funds.
2 min read · 22 March 2010
