Not enough LPs wanted to sell their stakes in two existing funds managed by the Spanish firm, which is also looking to raise at least €400 million for its latest vehicle.
2 min read · 29 September 2015
This is at least the third time the Blackstone secondaries unit has bought a stake in Doughty Hanson & Co. III, which has only one remaining investment.
2 min read · 29 September 2015
Investments will include secondaries, according to Edi Truell, head of the Strategic Investment Advisory Board established to advise the Lancashire and London Pensions Partnership.
3 min read · 28 September 2015
Ajit Singh comes from the investment division of the United Nations Joint Staff Pension Fund, where he served as chief risk officer.
1 min read · 28 September 2015
Butler, who spent more than 10 years at the firm, is seeking to work on more complex secondaries transactions.
1 min read · 28 September 2015
Now owned by two executives who worked together at a US financial services firm, Paris-based Fondinvest is raising its fifth secondaries fund.
3 min read · 28 September 2015
Secondaries deliver higher returns than public equities in the long run, according to data from two industry bodies.
2 min read · 27 September 2015
Secondaries deals are being disrupted by the fact that most of the world’s major public stock indices have fallen between 3 to 8 percent this year.
3 min read · 25 September 2015
The Hong Kong direct secondaries firm has signed a deal to sell China Hydroelectric to a trade buyer, exiting an investment it has held through both of its funds.
2 min read · 25 September 2015
The Tokyo-based private equity firm is nearing the 30bn yen hard-cap for its latest secondaries programme, according to a managing partner at the firm.
2 min read · 24 September 2015