The firm’s secondary team, which has committed 75% of its $2.9bn Fund VII, has jointly funded the spin-out of a German VC group whose new media portfolio includes some high profile companies like Groupon.
3 min read · 10 January 2010
The Spanish fund of funds manager will not charge fees on its €65m secondaries fund until capital is actually put to work.
2 min read · 16 December 2009
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
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 secondaries firms have established a £170m fund to acquire assets from 3i that will be managed by DFJ Esprit’s nascent secondaries arm, Encore Ventures.
3 min read · 13 September 2009
The Belgian firm has bought three ‘early secondary’ interests in CapMan funds, made one primary commitment and is eying a 10% stake in the management company.
2 min read · 07 August 2009
The promotion follows a first close on €61m for the international private equity firm’s sixth fund, which is targeting €200m. As head of finance at the direct secondaries firm, Meyel built the firm’s management and control systems.
1 min read · 09 July 2009
London-based 17Capital has inked its debut deal, providing €30m of mezzanine finance to Altamir Amboise, a French-listed vehicle linked to Apax Partners France.
2 min read · 06 July 2009
The French fund of funds platform – a captive of insurance group Allianz – has garnered €315m for Fund V and hopes for a final close by the end of the year.
1 min read · 11 June 2009
The secondaries business has replaced Brian Wright, who left the business back in August 2008, with former Adams Street partner Oliver Gardey.
1 min read · 05 May 2009