Rod James
The firm has received a commitment from Los Angeles Water & Power Employees Retirement Plan, which is working to push its PE exposure to 8%.
Suvir Varma has spent 17 years with the management consultancy advising PE firms and SWFs on their investment strategies in Asia-Pacific.
Interactive charts showing return expectations, drivers of pricing, use of leverage and other key points from Evercore and Setter Capital's full-year reports.
The firm, formerly known as Deutsche Asset Management, will target up to $500m and focus on providing liquidity to GPs throughout a fund's life.
City of Miami Firefighters' and Police Officers' Retirement Trust has previously backed secondaries funds managed by the two firms.
Stakes in real estate vehicles accounted for 7% of total deal volume last year, according to advisor Greenhill.
The firm, formed by two former Coller Capital partners, has hired an alumnus from the secondaries powerhouse.
The London-listed investor has acquired stakes in two funds managed by Earlybird, a German VC firm with more than €1bn in assets.
Buyout fund Sun Capital VI commanded a 26% premium to NAV, according to a survey by the online secondaries marketplace.
The UK-focused buyout firm, which is seeking £1bn for its latest fund, has been exploring a GP-led process on its 2015-vintage vehicle.