Fewer limited partnership agreements contain right of first refusal clauses, which is a good thing for the secondaries market, according to a law firm.
2 min read · 20 September 2015
Firms including HarbourVest, AlpInvest and Azini have cited currency volatility as a concern, amid weakening euro-dollar exchange rates.
2 min read · 18 September 2015
To maintain the best returns possible, and be able to complete some of the larger transactions taking place today, secondaries firms have been increasingly using leverage.
2 min read · 17 September 2015
The $29bn pension fund is an investor in several secondaries funds including those of Industry Ventures and Lexington Partners.
2 min read · 17 September 2015
The secondaries firm has brought in at least three investment professionals to its London office this year.
1 min read · 17 September 2015
Pension funds in Europe started investing in private equity later than their US counterparts and don’t yet have a strong need for portfolio management.
3 min read · 16 September 2015
At least seven private equity firms have backed Core’s latest fund, with some of the fresh capital raised being used to buy out stakes from its previous fund.
3 min read · 16 September 2015
The Central Park Group-managed fund focused on acquiring stakes in Carlyle vehicles has also increased its interest in Carlyle Partners V.
2 min read · 16 September 2015
Kilian Toms is the second person to join Landmark’s London office this year.
1 min read · 15 September 2015
The endowment has sold about 100 private equity fund stakes totaling roughly $1.7bn in the past 30 months.
2 min read · 15 September 2015