Perseus, the US-based private equity manager, has retained the ownership of its second most valuable asset after talks to sell the publishing company wound up without a sale.
HarbourVest Partners has stepped in to rescue the two-year restructuring process of the Australian private equity firm's funds, giving investors the option of joining a new vehicle.
The charitable trust's portfolio of venture capital funds is expected to be sold in chunks to different buyers as it pursues a policy of concentrating holdings into fewer, larger positions.
The fundraising for Morgan Stanley Alternative Investment Partners' second real estate secondaries fund has raised $65.5m in commitments so far towards its $500m target.
Ardian managing partner and head of Ardian USA Benoit Verbrugghe plots a course for its recently raised $9 billion Fund VI and what the French firm plans to do next.