The fundamental building block of the LP-GP relationship is changing, and secondaries is one of the factors driving that change. Three lawyers discuss end-of-life terms and control over stake sales in this extract from a roundtable in sister publication pfm.
3 min read · 27 May 2018
Commonwealth Superannuation Corporation is working with advisor Greenhill on the sale, Secondaries Investor has learned.
2 min read · 17 May 2018
Ted Eliopoulos, who has been at the US’s largest public pension for more than one decade, will step away by the start of 2019.
3 min read · 14 May 2018
A ‘very aggressive fee proposal’ helped put Campbell Lutyens in the final race for LACERA’s $1bn-plus portfolio sale.
2 min read · 10 May 2018
In part II of sister publication Private Equity International’s secondaries roundtable, market participants discuss the shift in GP-led restructurings, the importance of looking after LPs and mega-fundraises.
10 min read · 08 May 2018
The portfolio included stakes in Montagu Private Equity and IK Investment Partners’ funds, Secondaries Investor has learned.
1 min read · 13 April 2018
The UK pension plan born out of the bankruptcy of photography giant Eastman Kodak has offloaded stakes in Bridgepoint and PAI Partners funds, among others.
2 min read · 12 April 2018
The $50bn pension fund has made exploring the secondaries market, as a buyer and seller, a key strategic priority.
2 min read · 26 March 2018
The US pension is aiming to sell an unspecified portion of its $5bn in private equity portfolio, which comprises 198 individual positions.
2 min read · 14 March 2018
The success of the former Cogent Partners team increases the likelihood Greenhill will have to pay an earn-out linked to its performance.
1 min read · 12 February 2018
