Merely trading LP positions won’t address deep problems of funds that haven’t raised new capital for at least eight years, explains Joncarlo Mark, founder of Upwelling Capital Group.
3 min read · 21 October 2015
The $406 million pension fund continues to expand its private equity program with fresh commitments to latest funds being raised by HarbourVest and Abbott Capital Management.
1 min read · 20 October 2015
Hamilton Lane, Pomona and Northwestern Mutual all purchased parts of the interests in CCP VII and CCP VIII.
2 min read · 20 October 2015
Changes to the types of investments the tax-advantageous vehicles can make in the UK will result in more firms restructuring assets into new funds.
2 min read · 20 October 2015
The firm has raised $200m so far for its new dedicated secondaries fund.
1 min read · 20 October 2015
The listed fund of funds also invested $6m in HarbourVest’s international fund of funds HIPEP VII.
2 min read · 19 October 2015
There were nearly 50 secondaries funds being raised as of October, targeting a total amount of about $40bn.
1 min read · 18 October 2015
The bank is coming to market with a large portfolio of private equity fund stakes, according to sources familiar with the matter.
1 min read · 16 October 2015
There are many challenges to US pension plans becoming more active buyers in the secondaries market, but it’s the full pricing that’s really holding them back.
2 min read · 16 October 2015
The New York-based asset management firm, one of the most active players in real estate secondaries, has acquired a majority stake in the Cleveland-based real asset adviser primarily from Chicago-based private equity group GTCR for $380 million.
2 min read · 15 October 2015