Rod James
The Dutch asset manager's new unit will be led by Abraham Tiamiyu, a portfolio manager and former associate at Pomona Capital.
Leerink Revelation Partners, which can by direct stakes and take positions in healthcare funds, has nearly $400m under management.
The fund is seeking $1.2bn to invest in LP stakes, directs and GP-led transactions in funds of between three- and eight-years of age.
The endowment has committed $10m to its latest flagship fund, which is seeking $12bn for secondaries.
Tail-end specialist Hollyport Capital backed the deal involving the buyout firm's 1998-vintage fund, including a discount of as much as 70% on the GP clawback.
The strategy underperforms the All Funds Index over all time-frames except the 10-year bracket, according to data from ILPA.
The appointment of Katja Baur follows that of former Adveq chief Sven Liden, who became COO of the secondaries buyer last month.
F&C Private Equity Trust joined Montana Capital Partners in backing the €33m management buyout of Banco Popolare de Vicenza’s PE business.
Sweetwater is seeking $150m from endowments and family offices to invest in VC secondaries.
The Toronto firm picked up several stakes in Palatine's 2012-vintage Fund II, which specialises in management buyouts in the UK small- and mid-market.