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Elizabeth Wu

StepStone picks up 3i infra stakes

StepStone tapped its latest secondaries fund to acquire George Kaiser Family Foundation's entire stake in the six-asset vehicle.

StepStone’s latest secondaries fund is targeting $750m

The global investment firm is seeking double the target of its predecessor secondaries fund, according to documents from a US pension which also revealed the fund's terms.

CalPERS hires new chief executive

The $300bn pension fund has hired Washington State veteran, Marcie Frost, as chief executive after the previous one retired.

Isomer hires new principal

The new hire will be involved in the firm’s investment strategy for primaries, secondaries and co-investments.

KWM poaches Macfarlanes’s secondaries pro

Gabriel Boghossian will lead a GP-led restructurings and direct secondaries practice at the law firm.

RBS offloads tail-end stake to LGT

With the implementation of the Volcker Rule just 12 months away, banks are increasingly under pressure to reduce their private equity holdings.

HQ Capital raises $375m for latest FoF – updated

The firm took nine months to hold the final close on Auda Capital VII which specialises in primary and secondaries investments in the US and Europe.

Lexington buys Scottish Equity VC stakes

The secondaries firm acquired the two stakes from German foundation Max Planck and Royal London Mutual Insurance Society.

PineBridge ex-secondaries head joins Altamar for US push

Harvey Lambert, a 25-year finance veteran who left PineBridge in 2012, will head the Spanish firm’s new US office.

Lexington sells tail-end European portfolio to Willowridge

The purchase included stakes in at least seven private equity funds managed by some of Europe's top firms including 3i, IK Investment Partners and Cinven.