Shackleton acquires Sigma VC fund assets
The UK-based direct secondaries firm has opened an Edinburgh office to manage the 10 assets it has acquired.
Infrastructure secondaries picking up
As some LPs divest disappointing infra investments, others are looking to the secondaries market for easy-to-understand opportunities without construction risks.
Montana puts PE funds up for sale
Fund interests from managers including energy specialist First Reserve are among the stakes put up for sale by the state's board of investments.
Northleaf secondaries fund closes on $255m
The Toronto-based private equity firm’s specialist secondaries fund has beaten its $200m fundraising target, according to managing director Jeff Pentland.
Australian LP to sell $1bn in PE stakes
QSuper, one of Australia’s largest superannuation funds, is said to be aiming to capitalise on current secondaries market pricing with the sale.
Talks to sell Perseus Books prove inconclusive
Perseus, the US-based private equity manager, has retained the ownership of its second most valuable asset after talks to sell the publishing company wound up without a sale.
Ironbridge progresses with $1.5bn restructuring
HarbourVest Partners has stepped in to rescue the two-year restructuring process of the Australian private equity firm's funds, giving investors the option of joining a new vehicle.
Corporate Partners to restructure second fund
The former private equity arm of investment bank Lazard is seeking a recap of its $1.1bn 2005-vintage Fund II, according to sources.
Lex close to carving out One Equity Partners
The stapled secondaries deal would see Lexington Partners carve out JP Morgan Chase’s private investments arm at a large premium to NAV.
Fenway Partners to restructure two funds
The New York-based private equity firm has hired Moelis & Co to help recap funds raised in 1998 and 2006, with any restructure potentially including a carry reset on Fund III.