NMSIC sells Silver Creek Ventures II stake for $1.9m
Silver Creek’s parent company Spyder Management purchased the stake as part of a legal settlement with the New Mexico State Investment Council.
Landmark buys stakes in Europa funds
Simsbury, Connecticut-based Landmark Partners recently acquired limited partnership interests in two of Europa Capital’s funds.
Strat Partners buys into Carlyle Asia fund
Carlyle Asia Partners III raised $2.5bn and currently owns Chinese consumer appliance manufacturer Haier Electronics.
Verdane exits reservoir monitoring business
Verdane initially acquired reservoir data and analysis company RESMAN in a direct secondaries deal in 2006.
Cebile: European restructurings lag US
Cebile Capital hasn’t led any fund restructurings or recapitalisations yet, but is in conversations with some GPs, said managing partner Sunaina Sinha.
Partners Group deploys $2.9bn in secondaries
The Swiss-listed firm screened more than $107bn of secondaries deals in 2014.
Florida sells $350m legacy PE portfolio to GSAM
The Tallahassee-based pension has sold a $350m legacy private equity portfolio to Goldman Sachs Asset Management.
Asia-Pacific secondaries best found in China and India
A recent report from Houlihan Lokey and Mergermarket revealed the greatest opportunities for Asian secondaries buyers are in China and India.
HarbourVest invests 66% of Dover Street VIII
Dover Street VIII has acquired interests in Apollo Investment Fund VII, Carlyle Partners V and KKR 2006 Fund, among others.
UBS counts $49bn in dry powder
Current secondaries market dry powder grew from $45bn to $49bn last year, according to UBS.