The Spanish firm is seeking around €600m for its fourth buyout fund after a GP-led process on its 2015 Fund II with HarbourVest Partners.
2 min read · 10 July 2017
Record half-yearly fundraising means buyers have had to expand their investment scope to chase promised returns. Here’s a trio of innovative transactions that caught our eye.
3 min read · 07 July 2017
LPs were unhappy with the ‘heavy discount to NAV’ being offered for stakes in the 1998- and 2006-vintage funds, Secondaries Investor has learned.
1 min read · 06 July 2017
The fundraising and secondaries veteran becomes Moelis’s first European appointment to its private funds advisory group.
2 min read · 06 July 2017
The €650m deal moved assets from Recovery Fund 2008 into a new vehicle.
2 min read · 29 June 2017
Almost 90% of respondents to a recent survey by Campbell Lutyens described the market as ‘competitive’ or ‘highly competitive’.
2 min read · 22 June 2017
Crestline, which is based in Texas, has shifted towards the preferred equity niche. Secondaries Investor caught up with the firm’s head of PE credit and fund restructuring to talk deal sourcing and increased interest in preferred equity.
2 min read · 16 June 2017
The investment arm of the insurance giant has offered investors in the private equity firm’s two latest funds the option to cash out.
3 min read · 26 May 2017
The move is one of seven promotions to partner.
1 min read · 15 May 2017
In this second excerpt from sister publication Private Equity International’s May roundtable, top secondaries executives discuss the evolution of portfolios and structures.
2 min read · 14 May 2017