Limited partners in the Russian private equity firm’s 2000-vintage fund will decide by early September if they want to sell their stakes, Secondaries Investor has learned.
2 min read · 25 August 2016
Intermediate Capital Group and Pantheon withdrew from the process to restructure the energy-focused firm’s 2006-vintage $7.8bn fund last week.
3 min read · 23 August 2016
Jordan Bradley joins New 2nd Capital as a partner after spending 10 years at the fund of funds, Secondaries Investor has learned.
1 min read · 19 August 2016
Some GP-led deals fail due to a lack of trust, and GPs should be completely transparent about any benefits they receive, according to law firm Proskauer Rose’s Howard Beber and Michael Suppappola.
4 min read · 18 August 2016
Proskauer Rose’s Howard Beber and Michael Suppappola tell Secondaries Investor that despite having healthy scepticism, LPs are increasingly judging each deal on its merits.
4 min read · 09 August 2016
The China-focused private equity firm hired Lazard at the beginning of the year to help it restructure its $400m fund, Secondaries Investor has learned.
3 min read · 08 August 2016
It’s a chicken and egg scenario for manager-led transactions in a region that is several years behind Europe and North America.
3 min read · 29 July 2016
The firm is currently in market raising its third dedicated secondaries fund.
1 min read · 28 July 2016
Firms including HarbourVest Partners and Pantheon were looking at the deal which involved the firm’s 2007-vintage $750m fund, Secondaries Investor has learned.
2 min read · 26 July 2016
Shawn Winnie told Secondaries Investor he is leaving his position as a senior portfolio manager at the $65bn pension to provide advice to LPs free of charge.
3 min read · 25 July 2016
