North America

Connecticut Retirement Plans and Trust Funds wants to further capture attractive sponsor initiated investment opportunities in addition to the ones it sees via its managers.

The CV process places Advent among a group of PE powerhouses that are exploring similar processes for their software companies.

According to mid-year advisory reports, the secondaries market is looking at a potentially record-breaking finish to 2024.

LPs are exploring the use of advanced technologies such as AI to enhance workflows and aid investment decisions, but the human element remains key.

The $257bn pension has been seeking alternatives to secondaries sales to avoid taking large discounts in such transactions.

Agency publishes criteria for NAVs backed by LP secondaries interests, with plans to rate other NAV types down the road.

Lexington Capital Partners X, the firm’s latest main secondaries fund, smashed its $15bn target to collect $22.7bn last year.

Law firm lands seasoned attorney amid growing demand for fund debt.

The assets in the process run by the firm formerly known as The Jordan Company ‘do not appear to have the ability to generate outsized returns’, according to adviser Aon.

GP-led deal volume reached an estimated $28bn in the first half, a 56% increase from the same period last year, according to Jefferies’ first-half volume report.