The firm sold a portion of the stake to unnamed limited partners for $198m, chief financial officer Chris Govan said in a Q3 earnings call.
2 min read · 13 November 2017
The US’s largest public pension made $3.3bn of commitments to private equity in the 2016-17 fiscal year amid its programme to reduce its number of relationships with external GPs.
2 min read · 09 November 2017
New York-based Sean Brenan and Brian Musto are part of more than 500 promotions at the bank.
1 min read · 09 November 2017
The Cincinnati-based firm’s last secondaries fund was a 2013-vintage, $150m vehicle which acquired stakes in VC, buyout and mezzanine funds.
1 min read · 09 November 2017
The firm, which caters to investors from the non-profit sector, is seeking $350m for its latest vehicle.
1 min read · 08 November 2017
The secondaries firm may also launch products in real assets and credit, according to parent company Old Mutual Asset Management.
2 min read · 07 November 2017
Investment professional Jarid Colucci joins the Swiss bank’s private funds group to focus on secondaries advisory.
1 min read · 06 November 2017
The House bill includes a proposal to limit interest deductibility, and measures that will increase personal taxes paid by fund managers.
2 min read · 06 November 2017
The fund, which has been in the market since 2015, held its final close in June and is already 40% invested, Secondaries Investor has learned.
2 min read · 03 November 2017
An industry veteran who has signaled he’s willing to re-examine the Volcker Rule to make it more efficient, is the new head of the world’s most powerful central bank.
3 min read · 03 November 2017
