The distribution waterfall, a narrowing between gross and net IRR spreads and disclosure and transparency are among the key terms and conditions driving the GP-LP dynamic, according to the law firm.
2 min read · 09 March 2017
The Canadian pension giant’s head of secondaries and co-investments Michael Woolhouse tells us why the organisation is positioning itself as more than just a provider of LP capital.
6 min read · 08 March 2017
The US’s largest public pension will engage Meketa, its real assets advisor, as its private equity consultant for the remainder of PCA’s contract period ending June 2020.
2 min read · 08 March 2017
The pension’s secondaries target allocation was as much as 10% of its total portfolio last year, documents from advisor Hamilton Lane show.
2 min read · 08 March 2017
Setter Capital says timber accounted for the majority of transactions within the $331m in secondary sales of stakes in agriculture and timber funds recorded in 2016.
2 min read · 07 March 2017
In this extract from The Secondaries Market, James Sunday and Min Zhou of Landmark Partners look at who’s buying real estate secondaries, the geographic exposure of funds traded and the size and structure of transactions.
4 min read · 07 March 2017
The deal will increase Standard Life’s private equity assets more than fourfold.
3 min read · 06 March 2017
The debut fund of ex-CPPIB secondaries head Yann Robard has received a $100m anchor commitment from Alaska’s sovereign wealth fund.
2 min read · 06 March 2017
The European secondaries investor picked up stakes in two European Capital debt funds from the firm’s previous owner, American Capital, as part of the acquisition announced last week.
2 min read · 06 March 2017
In January, Singapore’s Axiom Asia Private Capital raised more than $1 billion for its fourth Asia-focused fund of funds. Secondaries Investor spoke to managing partner Alex Lee about why the firm expects secondaries to play a larger role in its latest vehicle.
3 min read · 03 March 2017
