Funds of funds outperformed secondaries by cash-on-cash returns in all but the four most recent vintage years, according to research by Wellershoff & Partners.
US pension documents reveal more details about Portfolio Advisors Secondary Fund IV, which is seeking $1.5bn.
Sentiment dampened slightly in 2019, with cost concerns around GP-led deals a sticking point, according to PEI's LP Perspectives survey.
The New York attorney-general's 229 paragraph lawsuit against NYPPEX chief Laurence Allen lays out what the AG says was a decade-long fraud.
As AlpInvest Partners seeks $8bn for its latest secondaries programme, we look at the Carlyle Group subsidiary's performance so far.
The lawyer hired to defend NYPPEX CEO Laurence Allen plans to try to get the New York state attorney-general's plea for an injunction and a receiver for relevant assets thrown out.
Staff at the California pension want freedom to make more investments without board approval, and they may get their wish next month.
Almost one fifth of LPs cite liquidity requirements as a motivation for selling fund stakes – a seven-year high – according to research by Montana Capital Partners.
Secondaries funds raised over the last five years used 19% of committed capital for repeat purchases, according to the advisor and placement agent.
Even secondaries firms need to understand how their holdings might look in 10 years' time, said ESG & sustainability head Adam Black.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: