GPs taking the lead on liquidity events will draw more investors to private equity and drive secondaries pricing up, according to Neil Campbell, head of Tullett Prebon Alternative Investments.
2 min read · 13 August 2014
Partners Group has purchased stakes in funds managed by 3i and Apax at a price slightly above NAV.
2 min read · 12 August 2014
Investec is bolstering its US presence as secondaries funds increasingly use leverage in more specialised ways, according to head of fund finance Simon Hamilton.
2 min read · 08 August 2014
Private equity secondaries volume during the period was $16bn and real estate transactions accounted for $3bn, according to Setter Capital.
1 min read · 05 August 2014
Vienna-based Österreichische Volksbanken-AG has sold a stake in Polish private equity fund Nova Polonia Natexis II.
2 min read · 03 August 2014
The London-based firm paid £27m to purchase an LP’s interest in its €5bn Eurofund V, which agreed to exit designer jewelry company John Hardy this week.
3 min read · 31 July 2014
The Canada Pension Plan Investment Board plans to invest $10bn in the secondary market in the next five years, explains vice president and head of secondaries and co-investments Yann Robard.
3 min read · 28 July 2014
The Byron Hamburgers owner is exploring secondary liquidity options for limited partners in its €600m mezzanine Fund III.
2 min read · 27 July 2014
HarbourVest has acquired stakes in Ironbridge Fund II from Portfolio Advisors and a Portfolio Advisors’ joint venture with Singapore-based United Overseas Bank.
2 min read · 25 July 2014
Approximately 75% of LPs agreed to sell their stakes in the firm’s 2000-vintage Fund II, while the remaining LPs opted to roll over into a new fund.
3 min read · 17 July 2014