CPPIB picks up Apax VI interests
CPPIB has bought stakes in €4.31bn Apax Europe VI - whose portfolio includes fashion house Karl Lagerfeld - from Adveq, HarbourVest, Robeco and Pomona.
JPMorgan buys into Doughty Hanson V
Doughty Hanson's €3bn Fund V generated a 40% IRR and 2x return multiple from its exit of Spanish hospitals group Quirón earlier this week.
Landmark acquires Candover 2005 fund stake
Landmark bought the stake using capital from its Landmark Equity Partners XV, which is in market targeting $2.5bn.
Verdane seals first exit from Fund VIII for white goods company
The Nordic-based direct secondaries firm has sold its shares in domestic appliance online retailer WhiteAway.
NKB sells four EQT fund stakes
The Limassol, Cyprus-based investment firm has sold its stake in 2005, 2007 and 2008 vintage EQT funds to Geneva asset manager Hermitage & Co.
Lombard buys stakes in EQT and Adveq funds
The Luxembourg life assurance company has acquired stakes in two 2013 vintage funds and recently hired a head of unquoted investments.
Wisconsin plans PE portfolio sale
The State of Wisconsin Investment Board is looking to sell a $203m legacy private equity portfolio of 48 funds, according to board meeting documents.
Partners Group picks up three fund stakes
The wealth management division of National Australia Bank has transferred its stakes in three 2005- and 2007-vintage European private equity funds to Partners Group.
CalPERS changes secondaries guidelines
The $288bn pension system expects to modify its private equity plan, as part of a continuous effort to restructure its portfolio and reduce the number of manager relationships.
CBRE sells stake in Dutch Office Fund
Dutch pension fund manager Blue Sky Group has bought positions in the fund, which is sized at €1.56bn, in a secondaries transaction.