AltamarCAM's secondaries capabilities were particularly attractive at a time of heightened interest in liquidity, Mercer's Michael Dempsey tells affiliate title PEI in a Q&A alongside Jose Luis Molina.
Overbay will retain control and independence of all investment activities following the investment.
The firm is joining a growing number of PE entrants expanding into the secondaries market, Secondaries Investor understands.
Both Bridgepoint, owner of PEI Group, and Bridgepoint Newbury expect to launch the next flagship secondaries fund in 2026, Pete Labbat and Chris Jaroch tell Secondaries Investor.
In the first episode of PEI Group's new podcast series Commitment Issues, Yangge Seaman of Children's Health and Steven Batchelor of Hg discuss how both sides are seeking greater liquidity from their portfolios
Temasek’s Azalea Investment Management expects more GPs to use the technology to crystallise liquidity for LPs, according to managing director Justin Keh.
The Boston-headquartered manager has raised over $1.1bn for its debut single asset CV-focused strategy, joining Blue Owl and Leonard Green in closing such vehicles this year.
The deal sees a portfolio of private equity interests move into a new vehicle run by M&G.
The close of MCP Opportunity Secondary Program VI follows a rejig of Montana's senior leadership last year.
The platform's close marks the second notable debut GP-led strategy to close this year after Leonard Green closed on more than $3.6bn last month.