The secondaries market will become much more active in 2010 ‘as continued portfolio net outflows force investors to intensify their search for liquidity’.
2 min read · 16 December 2009
Bids that came in for the private equity stakes were not ‘on par with the value of the assets’, the endowment’s CEO John Powers told PEO in an interview.
2 min read · 15 December 2009
F&C and Altamar have both closed funds this week, as they seek to capitalise on emerging secondaries opportunities.
2 min read · 15 December 2009
The Swiss alternatives manager has more than doubled the size of its previous global secondaries fund, closed in 2006.
2 min read · 15 December 2009
The global fund of funds manager has attracted around $600m in commitments in the last 12 months on its way to a target of $3.75bn.
2 min read · 09 December 2009
PCG Asset Management would run the programme, which would target original commitments of between $5m and $20m.
2 min read · 03 December 2009
Pinal Nicum will end an eight-year career with London-based Coller to become Adams Street’s second European partner focused on secondaries.
1 min read · 01 December 2009
Three months after announcing its first ever private equity commitments, the $27bn pension is mulling a move into secondaries to diversify its vintage year exposure.
1 min read · 12 November 2009
The Connecticut advisory firm has invested in secondaries deals worth $1bn since 2003 from its fund of funds coffers.
2 min read · 05 November 2009
The Florida State Board of Administration has committed more than $1bn to the asset class in 2009.
2 min read · 02 November 2009