The fund can issue debt or preferred equity and buy fund stakes on the secondaries market, documents from a US pension show.
2 min read · 18 January 2018
The fund has a 14-year life and 60% of the GP commitment will be put forward by the firm’s parent.
3 min read · 17 January 2018
The $48bn pension fund has proposed giving its CIO freedom to sell up to $500m in fund stakes per year without needing board approval.
1 min read · 17 January 2018
The investment bank’s AIMS unit wants to hire someone to evaluate secondaries private equity deals with a focus on valuations.
1 min read · 16 January 2018
The US’s largest public pension, which has launched a search for potential partners, expects to grow its secondaries and SMAs participation by ‘material amounts.’
3 min read · 15 January 2018
Louise Boothby, who has been at the firm since 2010, will be responsible for deal origination and execution at the firm’s London office.
2 min read · 04 January 2018
The deal was valued at around $450m and marks GIC’s entry as an investor.
2 min read · 02 January 2018
The firm is in the process of building a state-of-the-art North American hub, with room for several hundred employees.
2 min read · 02 January 2018
This year may prove to be another record-breaking period for secondaries fundraising.
2 min read · 29 December 2017
The VC-focused secondaries fund is targeting $125m more than its predecessor, according to PEI data.
1 min read · 21 December 2017