Home Authors Posts by Rod James

Rod James

Rod James
Rod James is a reporter with Secondaries Investor and also contributes to sister title PrivateEquityInternational.com. He is based in the London office. Prior to PEI, his roles included a stint as a freelancer covering fintech and transaction banking, CEEMEA capital markets reporter with EMEA Finance magazine, and editor of the Latin American political and economic risk team at IHS Global Insight.
Blackstone's Strategic Partners acquired stakes in the firm's 2007-vintage European technology fund, and 2003- and 2007-vintage European buyout vehicles.
Exit sign - iStock
The firm, which focuses on smaller, more complex secondaries deals, has nearly fully invested its third fund and is halfway to raising a fourth.
handshake
The Deutsche spin-out has brought on a New York-based partner and three other investment professionals.
The Nordic direct secondaries specialist has invested 40% of its 2016-vintage fund, Secondaries Investor has learned.
The deal involves the Polish private equity firm's 2010-vintage fund and investors have the option to sell or roll over into a new vehicle, Secondaries Investor has learned.
RCP Secondary Opportunity Fund III, which launched in July with a $500m hard-cap, will focus on lower and mid-market North American funds.
The transition away from tail-ends and GP-led restructurings is already happening, said Pal Ristvedt at BVCA's annual conference.
Secondaries have under-performed the All Funds index across all timeframes under review, according to the LP association.
The firm's main business is giving Canadian investors low-cost access to KKR funds through a Canada-domiciled vehicle.
Law firm Kirkland & Ellis has elevated Jaclyn L. Rabin and Paul Mysliwiec to the position of partner as part of a raft of promotions.
si
si

Copyright PEI Media

Not for publication, email or dissemination