Tjarko Hektor, who worked on North American secondaries at Carlyle’s fund of funds until last year, has launched New 2nd Capital, focusing on GP-centred transactions.
1 min read · 14 June 2016
Despite challenges posed by high valuations, transparency and cost, the California pension plan remains committed to its 10% interim target allocation to private equity.
2 min read · 09 June 2016
The secondaries specialist raced toward a March final close on its latest fund, raising half a billion dollars in around five months.
1 min read · 08 June 2016
The California retirement system wants to hire a firm to help it achieve its private equity and credit allocation target, including through opportunistic secondaries.
1 min read · 06 June 2016
The $294bn US pension fund has introduced a number of controls designed to prevent another scandal like ‘Pay-to-Play’.
2 min read · 06 June 2016
The state employees’ retirement system is mulling a sale from its $2bn illiquid assets portfolio.
1 min read · 06 June 2016
Greenspring Secondaries Fund II is twice as large as its predecessor vehicle.
1 min read · 03 June 2016
Private equity firm Blackstreet had allegedly bought stakes in its own funds and then waived its own capital calls.
3 min read · 02 June 2016
California pension Ventura County Employees Retirement Association has made commitments to HarbourVest and Adams Street funds.
2 min read · 25 May 2016
The $14bn police and fire pension is making its fifth investment in Montauk funds.
1 min read · 24 May 2016
