Silas Sloan

The APAC secondaries market is expected to have a strong 2025, and buyers in the Chinese market have an advantage.

Nick's departure follows that of Jefferies' global head of its private capital group, Matthew Wesley, who is set to join Moelis.

Eaton launched its GP solutions business in 2023 hiring a team from Credit Suisse.

Both firms are understood to have purchased an equal amount of the roughly $1bn portfolio.

StepStone Real Estate Partners V will focus on GP- and LP-led real estate deals in the US.

CFOs of private markets managers discussed at a recent event the challenges – and opportunities – they face in light of the explosive growth of the secondaries market.

The New York-headquartered firm also promoted two employees to partner.

Blackstone expects to hold a final close for Strategic Partners Infrastructure IV in the first quarter of this year, according to pension fund documents.

The New York State Common Retirement Fund made the two largest commitments last year to funds managed by TPG and Blue Owl.

LP-led deals saw a record $87bn volume last year as pricing continued to increase, according to a report from Jefferies.