The New York attorney-general’s 229 paragraph lawsuit against NYPPEX chief Laurence Allen lays out what the AG says was a decade-long fraud.
6 min read · 11 December 2019
The Richmond, Virginia-based small secondaries firm closed its last fund in March 2018 on $275m.
1 min read · 10 December 2019
The lawyer hired to defend NYPPEX CEO Laurence Allen plans to try to get the New York state attorney-general’s plea for an injunction and a receiver for relevant assets thrown out.
3 min read · 09 December 2019
The firm will need LP approval to continue investing from the vehicle, which has thus far collected $2.75bn against a target of up to $12bn.
3 min read · 08 December 2019
The alternatives veteran was terminated for failing to disclose a workplace relationship, according to internal memos.
3 min read · 06 December 2019
The New York attorney-general has filed a lawsuit against Allen, who runs a secondaries fund and a secondaries intermediary business, for allegedly misappropriating more than $13m.
2 min read · 05 December 2019
San Francisco-headquartered Liquid Stock’s $161m fund extends part-debt/part-equity financing to private company shareholders.
2 min read · 05 December 2019
The boutique secondaries firm is targeting $150m for Sweetwater Secondaries Fund II, Secondaries Investor reported last year.
1 min read · 19 November 2019
An exclusive look at Secondaries Investor’s Young Guns of Secondaries inaugural North American networking event, hosted by Weil, Gotshal & Manges.
1 min read · 13 November 2019
