LP Sales

The pension fund backs single-asset CVs to gain or strengthen relationships with new and existing GPs, investment manager Pravi Prakash tells Secondaries Investor.

Higher interest rates and a better exit environment could both drive activity in the secondaries market, according to a study.

The $219bn system has seen ‘underwhelming’ performance from its largely LP-led secondaries portfolio, according to senior investment officer John Bradley.

Luxembourg-based APS Holding sees opportunity to acquire leftovers of larger portfolios from their original buyers.

GP counsel fees paid by both sides of a deal ranged from zero to around $79,000, according to research by AI workflow automation platform AltConvey.

The firm, which was founded by Mantra Investment Partners’ former head of secondaries, Fabrice Moyne, exceeded the vehicle’s target by 20%.

The Canadian pension giant will sell its exposure in 33 funds having brought a portfolio of 56 lines to market.

The portfolio is being sold to a newly formed joint venture established between funds managed by Arrow Global Group and Fortress Investment Group.

Following the announcement of Lazard’s agreed acquisition of Campbell Lutyens, future co-CEOs Holcombe Green and Gordon Bajnai discuss what to expect once the deal closes.

Some LPs are finding themselves as forced sellers in CVs because of the length of time given in election periods.