Belgian holding company Groupe Bruxelles Lambert has confirmed its unit GBL Capital will no longer make new commitments as it secures a dozen transactions.
Endowment sales ticked up in the first half of this year to around 15% of overall LP sales, according to Campbell Lutyens’ half-year volume report.
The vehicle will invest in a variety of strategies, including secondaries.
LACERS CIO Rodney June: ‘The opportunity set has grown’ in private equity secondaries market as $26bn pension eyes potential participation.
Investors from German insurer Munich Re to Lithuanian family office Willgrow are jumping into the nascent asset class or considering doing so.
LP-leds are a function of 'disciplined portfolio management', according to HMC chief executive NP Narvekar.
The real asset veteran, a keen buyer of infrastructure secondaries, says she is 'cautious' about touted pricing for infra secondaries transactions.
In response to the rise of US trade tariffs, LPs are turning towards private credit and infrastructure – and eyeing opportunities in Europe.
'Rolling LPs should be, but often are not, given a status quo option to retain the same economic terms of their investment,' according to the institute’s latest report on CVs.
The pension fund’s sale of private fund stakes in private equity and real estate is understood to be substantial in size, Secondaries Investor has learned.