Hamilton Lane and clients it represents account for around 70% of the two healthcare-focused funds’ commitments, Secondaries Investor has learned.
The Canadian firm is gearing up for fundraising after a year in which it distributed more than $362m to investors.
The VC secondaries specialist has enlarged its investment team by at least five over the past year.
The deal involves just under €350m of NAV in the Swedish mid-market private equity firm’s 2007-vintage fund, Secondaries Investor has learned.
This is the first secondaries fund the firm’s real estate unit has raised since it acquired the Clairvue Capital Partners team in 2014.
In the extract from The Secondaries Market, James Sunday and Min Zhou of Landmark Partners offer an overview of the real estate sub-asset class and look at which organisations are selling.
The world’s fifth largest insurer is recruiting a deputy investment director in its asset management and financial services arm.
The promotions come as the Nordic secondaries specialist invests its latest fund which closed on its hard-cap in mid-February.
The troubled US pension has sold 11 fund stakes across buyout, energy and growth strategies since accepting bids in November.
Tricia Mackechnie will lead the firm’s global IT team from its Boston headquarters.