The former private equity arm of investment bank Lazard is seeking a recap of its $1.1bn 2005-vintage Fund II, according to sources.
1 min read · 12 May 2014
Discussion at the 17th annual King & Wood Mallesons SJ Berwin private equity briefing reveals surprise over the longevity of private funds.
1 min read · 09 May 2014
The New York-based private equity firm has hired Moelis & Co to help recap funds raised in 1998 and 2006, with any restructure potentially including a carry reset on Fund III.
2 min read · 02 May 2014
The firm aims to raise investment for a new Fund V while giving LPs such as Harbourvest and OPERS the option to exit Fund IV from 2006, sources say.
2 min read · 01 May 2014
The Canadian pension has identified more than 75 private equity funds in need of restructuring after completing a review of 750 funds last year.
1 min read · 29 April 2014
More information emerges from the JW Childs restructuring deal as CPPIB confirms details of its ‘portfolio liquidity solution’.
2 min read · 21 April 2014
The fundraising effort comes more than a decade after the firm’s Fund III raised $1.75bn.
2 min read · 16 April 2014
The firm is busy deploying its third secondaries fund, which is expected to hold a second close by the end of August.
1 min read · 15 April 2014
The $627bn sovereign wealth fund is ramping up its secondaries capabilities, and said to be on the hunt for good fund restructuring opportunities.
2 min read · 07 April 2014
Four months of talks between GMT and its LPs to restructure GMT’s Fund II are nearing a resolution, as GMT looks to get back on the fundraising trail to raise €400m for Fund IV.
1 min read · 03 April 2014
