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
It makes sense for LPs to use the secondaries market for liquidity rather than seek asset sales when it comes to Australian agri, according to the head of a Queensland-based investment firm.
2 min read · 23 June 2016
Deals are taking longer to close due to political uncertainty, according to the head of Aberdeen Asset Management’s buyout, secondaries, mezzanine and direct co-investments unit.
3 min read · 23 June 2016
The banking group’s Five Arrows Secondary Opportunities unit acquired the interest using its third secondaries fund which was almost fully invested as of November.
1 min read · 22 June 2016
This is the second commitment by the pension to funds managed by Portfolio Advisors, which is seeking $1bn for its latest secondaries vehicle.
1 min read · 22 June 2016
The investment bank also raised over half a billion dollars for a dedicated real estate secondaries fund last year, according to documents seen by Secondaries Investor.
2 min read · 22 June 2016
A model is emerging in the GP-led solutions market that can eliminate conflicts of interest, writes Evoco partner and co-founder Michel Galeazzi.
3 min read · 21 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 direct secondaries firm, which bought the India-focused portfolio of Draper Fisher Jurvetson earlier this year, will open its second overseas office in Mumbai by year-end.
2 min read · 21 June 2016
The European investment firm wants to expand its investment team with a private equity, private debt and infrastructure secondaries professional.
1 min read · 20 June 2016