The State of Wisconsin Investment Board is looking to sell a $203m legacy private equity portfolio of 48 funds, according to board meeting documents.
1 min read · 12 June 2014
The $288bn pension system expects to modify its private equity plan, as part of a continuous effort to restructure its portfolio and reduce the number of manager relationships.
2 min read · 11 June 2014
In an effort to weed out corruption, the city’s pensions are tightening compliance rules, according to a statement from city comptroller Scott Stringer.
2 min read · 10 June 2014
Roughly 67 percent of limited partners plan to use the secondaries market to buy or sell assets in the next few years, according to Coller Capital.
2 min read · 09 June 2014
Terry Wetterman, formerly director of investor relations at Paul, joined the new boutique investment bank as a director earlier this month.
1 min read · 09 June 2014
The bulk of the investment bank’s secondaries activity is currently US-based, but managing director Jeffrey Hammer believes there are significant opportunities in Europe.
1 min read · 09 June 2014
The promotion comes months after the San Francisco VC secondaries firm raised its largest secondaries fund, closing on $425m last December.
1 min read · 05 June 2014
Led by CIO Scott Chan, the $7.6bn pension chose Pantheon to manage its secondaries infrastructure and real assets separate account.
2 min read · 03 June 2014
Investment banks such as Goldman Sachs – which now has a ‘Volcker implementation team’ – are expected to divest more assets this year via the secondaries market, lawyers say.
3 min read · 29 May 2014
As more money is put to work on the secondaries market, discounts have narrowed, according to research from placement and advisory firm Triago.
1 min read · 28 May 2014