The niche secondaries firm raised over $660m for its latest fund that will focus on liquidity, carve-outs and strips, clean-ups and opportunistic strategies.
1 min read · 05 July 2016
The remaining assets in the real estate manager’s 2006-vintage fund were moved into a new vehicle with Madison investing 20% of the new fund.
2 min read · 05 July 2016
The $17bn pension fund wants to hire a manager to help it achieve diversification across vintage year, industry sector and strategy type.
1 min read · 04 July 2016
Previously an associate regional director at the SEC, Catherine Dabney O’Riordan will focus on investigating misconduct by private funds, investment advisors and investment firms.
1 min read · 30 June 2016
The $180bn pension manager, which is currently underweight to secondaries, has dropped its target for the strategy from 12.5%.
2 min read · 29 June 2016
Neuberger Berman enjoys limited competition in its section of the secondaries market for two reasons, according to a memo from the $29bn pension.
1 min read · 23 June 2016
The New Jersey Division of Investment, which sold stakes on the secondaries market earlier this year, has lost Jason MacDonald, who will join his alma mater as an investment director in July.
2 min read · 21 June 2016
The VC fund of funds took around four months to raise its latest fund, which was oversubscribed.
2 min read · 20 June 2016
Harvey Lambert, a 25-year finance veteran who left PineBridge in 2012, will head the Spanish firm’s new US office.
1 min read · 16 June 2016
Secondaries firm Whitehorse Liquidity Partners, which has raised a sixth of the target for its debut fund, has tapped a seven-year Canadian public pension veteran as CFO.
1 min read · 15 June 2016