Julien Princi, the former deputy general counsel for Amundi Asset Management, has joined the private equity and private debt firm.
The pension has committed $30m in total to funds of funds managed by the two firms which invest make both secondaries and primary investments.
Industry players at PEI’s Private Fund Finance and Compliance Forum in San Francisco predict closing the carried interest loophole will be an immediate priority for the incoming US president.
Germany-based corporate partner Michael Cziesla, who counts secondaries among his specialties, will work alongside Tim Bednall, recently elected by the firm as managing partner for Europe and Middle East.
The global investment firm was the biggest investor in a deal that involved ABS’ 2009 and 2012-vintage funds, Secondaries Investor has learned.
The niche secondaries firm acquired over 95% of shares in the London-listed private equity fund of funds in a friendly takeover deal.
The secondaries advisory firm and placement agent has hired Peter Landauer, former director of private investments at the University of Florida’s endowment.
The private market liquidity provider is pairing with Scenic Advisement, a specialist in private capital raising, as companies take longer to list.
The London-listed private equity investor has accepted HarbourVest’s offer to acquire its portfolio after the global investment firm raised its offer by £24m.
Secondaries buyers’ desires have changed over the last 18 months with safer mega-funds more popular than niche strategies, according to Palico.