North America

Weil hires Next Gen Leaders alum as partner

The firm is continuing the expansion of its private funds group as demand for secondaries grows.

Ardian makes raft of senior promotions and additions to ASF management committee

The firm has also made further leadership promotions and created two regional operating committees to ‘further strengthen local leadership’, according to a memo seen by Secondaries Investor.

Pantheon leads on mammoth $3.2bn private credit CV

A raft of secondaries investors participated in Crescent’s continuation vehicle, including co-lead Allianz Global Investors.

AIG uses fund stake transfer to seed CVC $1.5bn evergreen portfolio

The pair will eye ‘additional areas of collaboration’ amid the insurer’s plans to raise its alternatives exposure.

StepStone recaps $250m US senior living portfolio

The secondaries specialist is positioning itself to take advantage of a ‘silver tsunami’ in the US and Europe.

Secondaries volume smashes predictions to reach $226bn in 2025 – Evercore

While fundraising continues to skyrocket, the amount of dry powder available has remained ‘fairly flat’, and more capital is needed for the market to keep pace with demand, Evercore’s Nigel Dawn tells Secondaries Investor.

Stafford raises over $1.1bn for infra secondaries

SISF V is the largest infrastructure vehicle that Stafford has raised to date and brings its total infra AUM to $2.7bn.

Will the total portfolio approach reshape the secondaries market?

Under the TPA an LP’s selling decision is more likely to be driven by opportunistic considerations, rather than breaches of asset allocation targets.

Crestview explores options for 2015 fund, including potential full-fund CV

Many GPs have been seeking ways to sort out assets lodged in older funds, with limited partners increasingly seeking liquidity.

Blue Earth raises $100m for its first dedicated secondaries strategy

The firm is seeking to raise $300m for the strategy, head of private equity partnerships Nicolas Muller tells NPM.