The French fund of funds sold on part of USS’s €150m commitment in a European buyout fund to at least four parties.
2 min read · 17 March 2016
The tax on carried interest will jump to 45%, plus National Insurance, from the current 28% minimum, for assets held less than three years.
2 min read · 17 March 2016
The final close on the Switzerland-headquartered firm’s sixth dedicated secondaries fund comes 10 months after it held a first close.
2 min read · 17 March 2016
Partners Group was one of the LPs who sold stakes, while SL Capital Partners was part of a group who either acquired new stakes or increased their exposure to the €2.2bn vehicle.
2 min read · 16 March 2016
The Hong Kong direct secondaries firm’s latest fund will focus on China and India as it prepares to open a Beijing office this year.
1 min read · 16 March 2016
Daizong Wang, a former managing director at CVC Capital Partners, will join the firm to set up its Beijing office and focus on direct secondaries opportunities in China.
2 min read · 15 March 2016
Most strategies saw a dip in fundraising last year compared with a year earlier, with growth funds also experiencing a similar level of decline.
1 min read · 14 March 2016
The advisory firm has hired a former fund of funds executive to focus on client advisory in the UK, Europe and the Middle East.
1 min read · 14 March 2016
More than 2,000 applicants have already applied for investment associate positions with the firm, which is deploying its $7.2bn Coller International Partners VII fund.
1 min read · 11 March 2016
The deal was part of PIP’s eight commitments to secondaries deals and funds since July amid favourable pricing conditions in the secondaries market.
2 min read · 10 March 2016