Chris Witkowsky
The private equity firm’s latest fund, the $16bn Capital Partners Fund IX, is understood to be participating in the transaction.
The US pension had set up a partnership with Pathway Capital Management last year to sell fund stakes.
The pension giant is understood to be selling a portfolio containing high-quality stakes.
The deal is one of only a few that have proceeded through the pandemic downturn, which otherwise has stopped most secondaries deal activity.
The line between co-investing and secondaries has become increasingly blurred as buyers show more appetite for single-asset deals.
Christiaan van der Kam, partner in secondaries, will be leaving Unigestion by mid-August.
Preferred equity has become one of the options for GPs who need additional capital for existing portfolio companies.
Israel's Qumra Capital sold the assets out of its $100m debut fund, which the firm raised in 2013.
The deal is understood to have included stakes in funds managed by CVC Capital Partners, Blackstone and Apollo Global Management.
The virus outbreak, which has hammered the broader economy for several weeks as business activity slows, is causing sellers to delay bringing secondary deals to market.
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