Former AXA Private Equity executives Daniel Benin and Barthelemy de Beaupuy have formed Committed Advisors, which also recently hired two more ex-AXA professionals.
The Swiss fund of funds manager has raised $1.2bn for its latest secondaries fund.
The bank’s Alternative Investment Partners team sees opportunities from investors who are trimming portfolios and creating ‘deeper relationships' with fewer GPs.
The global development organisation sees an opportunity to help grow private equity secondaries in emerging markets.
The direct VC secondaries investor had $400m of interest from investors for its second fund.
For the first time, investors in private equity real estate are turning to the secondaries market, according to Joseph Stecher, CIO of the bank's real estate fund of funds.
Landmark’s Fund XIV reached its goal of $1.5bn, but has not yet officially closed. The target was lowered from the fund’s initial offering of $2.4bn.
The pension also spent $9m for a stake in Crestview Capital Partner’s second fund.
The Chinese sovereign wealth fund is reportedly investing $500m each in custom accounts with secondaries players Lexington Partners, Goldman Sachs and Pantheon Ventures.
F&C and Altamar have both closed funds this week, as they seek to capitalise on emerging secondaries opportunities.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: