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Adams Street raises $2bn for sixth secondaries programme

Around half of the capital raised is via separately managed accounts, Secondaries Investor understands.

Abraaj ‘boosted valuations’ to entice secondaries buyers – prosecutors

Senior executives at the former emerging markets private equity firm overvalued positions and delayed markdowns to attract LP stakes purchases, a US indictment alleges.

O’Melveny private funds exodus continues

Chair of the firm's investment funds practice John Daghlian and secondaries Young Gun Mary Lavelle are joining two former colleagues at Akin Gump.

HQ Capital secondaries co-heads depart – exclusive

The departures follow that of the CEO and COO in March from the investment arm of the German family office.

Hamilton Lane CEO: Dry powder, no problem

The growth in dealflow outweighs the money being raised for the strategy, Mario Giannini told investors on the firm's latest earnings call.

GP stakes: Coller, Glendower among prime secondaries targets

Newbury Partners, Pomona and Montana are also among the most suitable candidates for a GP stake investment, according to a report by PitchBook.
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UBS fund financing unit takes secondaries market share

The bank's secondaries advisory group has teamed up with its fund financing unit and has deployed as much as $3bn over the last two years.

Nomura Securities Young Gun departs bank – exclusive

Richard Golaszewski, an almost decade-long veteran of the Japanese banking giant, has left to pursue a new opportunity.
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The private equity secondaries market: a Cinderella story

The secondaries market's transformation into a $70bn market is due to both a wave of the Fairy Godmother’s wand and the payoff for years of scrubbing floors, write Houlihan Lokey's Jeff Hammer and Paul Sanabria.

Brazil’s Spectra to double FoF firepower as LP stakes rise

Spectra Investments is seeking around $200m for its fourth fund and will allocate about 40% to secondaries.
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