The firm used its $1.8bn REIT to acquire a diversified portfolio of limited partnership interests in 41 private equity real estate funds.
2 min read · 12 October 2016
Tim Recker has been running the $9bn private markets portfolio for the University of California Regents, which invests in secondaries and has also sold stakes.
2 min read · 11 October 2016
The world’s eighth-biggest sovereign wealth fund has been developing its in-house secondaries capability over the last two years.
1 min read · 11 October 2016
Discounts could also widen for European funds amid volatility related to Brexit, according to a mid-year report by the advisory firm obtained exclusively by Secondaries Investor.
2 min read · 11 October 2016
The advisory firm and placement agent has made two appointments including a 12-year PAI Partners veteran as a senior advisor.
1 min read · 10 October 2016
Adding operational value can be an acrimonious process, as Hong Kong direct secondaries specialist NewQuest Capital Partners discovered.
2 min read · 10 October 2016
In an effort to trump a £748m preliminary agreement SVG reached with rival suitors Goldman Sachs and CPPIB, HarbourVest has also offered to buy the London-listed private equity investor’s entire portfolio, but for at least £783m.
3 min read · 10 October 2016
GPs will become more proactive in overseeing secondaries trading in their funds, as well as helping to provide liquidity to their investors, according to co-founder Pierre-Antoine de Selancy.
2 min read · 10 October 2016
Median pricing for stakes in buyout funds has fallen for the first time since 2013, according to a mid-year report by Elm Capital.
2 min read · 10 October 2016
As the drama over the London-listed private equity vehicle unfolds, PEI sizes up the dramatis personae.
4 min read · 07 October 2016
