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Marine Cole & Adam Le
With its IPO at the beginning of March, Hamilton Lane became the latest manager to position itself for the future.
The firm has increased the target for Adams Street Global Secondary Fund 6 by 60% compared with its predecessor, Secondaries Investor has learned.
The sale includes stakes held in its 2006-vintage AXA Secondary Fund IV, Secondaries Investor has learned.
Jordan Bradley joins New 2nd Capital as a partner after spending 10 years at the fund of funds, Secondaries Investor has learned.
Now owned by two executives who worked together at a US financial services firm, Paris-based Fondinvest is raising its fifth secondaries fund.
The secondaries firm has lost an eight-year partner who focused on investment analysis for secondaries and co-investment deals.
The head of secondaries at the Canadian pension – which plans to invest $10bn in secondaries over the next five years – will leave at the end of the month and be replaced by Michael Woolhouse.