Goldman Sachs, AlpInvest and Landmark Partners are backing the financial separation of Ridgemont Equity Partners from Bank of America as the firm raises its debut fund as a fully independent firm.
2 min read · 12 April 2012
The San Francisco-based firm, which once raised the largest-ever real estate secondaries fund, has ceased efforts to market its fifth vehicle as it considers options for a shift in strategy.
2 min read · 03 April 2012
The California Public Employees’ Retirement System’s Vista portfolio provides a stark example of the struggles LPs with mature portfolios have in managing out legacy funds.
3 min read · 30 March 2012
Among the $12.3bn pension’s four commitments was a $30m allocation to Coller Capital’s $5bn sixth fund, which is expected to hold a final close soon.
2 min read · 30 March 2012
Daniel Meade was involved in fundraising for Eaton Partners illiquid strategies, including private equity, real estate and real assets.
1 min read · 22 February 2012
The Virginia Retirement System engaged the secondary market as a buyer for the first time in 2011, purchasing three commitments for $100m.
2 min read · 16 February 2012
The $51bn pension is dedicating $100m for opportunistic secondaries and co-investments with existing managers.
2 min read · 20 January 2012
The city’s pension system has put an initial offering of about $750m-worth of LP stakes on the secondary market, kick-starting what could be a very busy year for private equity secondaries.
4 min read · 13 January 2012
The New Jersey Division of Investments has sold stakes in GTCR, TPG and Madison Dearborn V-A, which sold at a discount.
2 min read · 08 December 2011
The San Francisco-based firm has purchased a $25 million commitment to Buchanan Street Partners’ fifth fund, the $400 million Buchanan Fund V, in its first secondary acquisition since the start of the global financial crisis.
2 min read · 17 October 2011