QSuper, one of Australia’s largest superannuation funds, is said to be aiming to capitalise on current secondaries market pricing with the sale.
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.
The fundraising for Morgan Stanley Alternative Investment Partners' second real estate secondaries fund has raised $65.5m in commitments so far towards its $500m target.
The Maryland-based firm will offer its own private equity investments to investors in its third fund, American Capital Equity III, which will close within 90 days.
The $1.75bn fund has been making strong progress since raising $400m more than its target.
The French secondaries firm has outlined a five-year deployment schedule for the largest secondaries fund ever raised.
The Carlyle-owned fund of funds has invested 25 percent of its $750m secondaries commingled Fund V, according to sources.
Secondaries fund of funds Montauk Triguard has closed its sixth fund over its target of $400m, stating that the fund was substantially oversubscribed.
The Boston-based private equity firm’s Fund IV holds an interim close, over half way to its target.
US pension re-ups to Lexington’s Fund VIII after committing to the secondaries GP’s previous fund.