Investors

Balboa Ventures is planning to raise up to €150m to invest in early stage VC on a primary and secondary basis.

Schroder GAIA II Specialist Private Equity Fund, which will invest in primaries, secondaries and co-investments, accepts investors with a minimum of $50,000.

State of Wisconsin Investment Board's private equity portfolio improved by 520bps amid commitments to fewer managers and sales of stakes in non-core managers.

The strategy has returned 15.5% since inception, as the pension fights pressure on returns by co-investing with its secondaries partners.

The firm will offer private equity, real estate, private debt and infrastructure products to clients and has recruited the Conversus team to lead the effort.

LPs are coming to accept that big discounts on entry don't necessarily mean strong returns, an industry conference has heard.

The Australian SWF has exited around $3.4bn of private markets investments in recent years, according to deputy chief investment officer Wendy Norris.

Investors unaware of the potential pitfalls in the strategy face hidden dangers – here's our deep dive into an issue that affects all areas of the market.

Record-high transaction volumes mean that under US tax laws some LP stake transfers will not be permitted until 2022, according to a report by intermediary NYPPEX.

Returns for secondaries funds rose slightly on a quarterly basis, but the strategy has performed below the All Funds benchmark across all periods, according to data from the Institutional Limited Partners Association.