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Sam Sutton

San Bernardino has $125m for private equity

The $6.4bn retirement system plans to invest in mezzanine and direct lending, distressed, secondaries, buyouts and funds of funds.

Lexington targets $750m for mid-market fund

The firm is expected to hold a first close on its third mid-market secondaries fund by the end of the year.

HarbourVest raises $2bn for Dover Street VIII

HarbourVest Partners’ latest secondaries vehicle is offering an average annual management fee of 0.81%, according to University of Houston documents.

Private Advisors expands into secondaries

Cuyahoga Capital Partners has been acquired by Private Advisors. Cuyahoga founders Bart Shirley and Chris Hanrahan will join the firm.

Nebraska boosts HarbourVest’s secondaries fund

The Nebraska Investment Council made a total of $50m in commitments to HarbourVest’s latest 'Dover Street' fund - targeting $3bn - and RCP’s eighth fund of funds vehicle.

Illinois Teachers’ delves into secondaries

The $37bn retirement system is issuing an RFP for a consultant to assist in the engagement of the private equity secondary market.

Goldman Sachs raises $1.2bn for secondaries

A recent SEC filing shows that Goldman Sachs has at least $1.2bn for the latest in its Vintage Fund series, which have typically focused on secondary assets.

Louisiana picks Coller for secondaries

Coller Capital will manage the $9.3bn state workers retirement system’s $100m mandate to buy assets on the secondaries market.

Aurora receives $20m from San Bernardino County

The $5.8bn retirement system was attracted by the firm’s strong performance on its previous fund and limited use of leverage.

Vision in Brazilian direct secondaries deal

DLJ Merchant Banking Partners and JP Morgan held onto Vitopel for 12 years before selling the company to Vision for an undisclosed amount.

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