The deal involved mature stakes in Ardian’s 2010-vintage AXA Secondary Fund V, Secondaries Investor has learned.
2 min read · 05 October 2017
This is at least the second mandate this year from the $4bn Boston Retirement System, which wants to hire a manager to help it invest in strategies including secondaries.
1 min read · 05 October 2017
London-based Pablo Calo becomes head of secondaries international as part of the changes, Secondaries Investor has learned.
2 min read · 04 October 2017
The secondaries firm has surpassed the target of its latest fund and is yet to hold the final close on its latest vehicle.
1 min read · 04 October 2017
The firm is putting together a 10-strong secondaries team, split between London and New York, to focus on vanilla deals as well as more complex processes.
1 min read · 03 October 2017
Orcun Unlu, who appeared in Secondaries Investor’s Young Guns of Secondaries Class of 2016, had helped execute Citi’s regulation-driven exits from alternative investments.
1 min read · 02 October 2017
The fund, which closed above its target of $2bn, has been in the market for just over a year.
2 min read · 27 September 2017
The pension’s secondaries portfolio has been outperformed by buyouts, distressed and growth equity over the past year but continues to beat its public market benchmark.
2 min read · 26 September 2017
The pension plan of the world’s largest delivery business has not seen any tempting market opportunities for some time.
2 min read · 26 September 2017
The plight of the Dallas Police and Fire Pension System, which has sold on the secondaries market as part of attempts to whittle down its alternatives portfolio, raises questions over governance and the risk for asset managers and advisors.
7 min read · 26 September 2017