Fundraising

The fund is seeking $1.2bn to invest in LP stakes, directs and GP-led transactions in funds of between three- and eight-years of age.

The endowment has committed $10m to its latest flagship fund, which is seeking $12bn for secondaries.

The Toronto firm picked up several stakes in Palatine's 2012-vintage Fund II, which specialises in management buyouts in the UK small- and mid-market.

Swiss investment firm LGT Capital Partners, which has 25% of its $60bn AUM in secondaries, sees the market as a hedge against high pricing.

The fund has garnered over $170m so far and will target special situations, secondaries and private equity investments.

A lack of exit opportunities is a thing of the past, according to managing director Tim Brody, whose firm has placed a big bet on Asia with its latest secondaries funds.

North Carolina Department of State Treasurer made a $250m commitment to the fund.

The Deutsche Bank spin-out has held a first close on around 70% of Glendower Capital Secondary Opportunities Fund IV's target.

Proskauer's Nigel van Zyl discusses the occasions when an LPA might be renegotiated, in this extract from The LPA Anatomised.

The secondaries giant is speaking to investors about ASF VIII, Secondaries Investor has learned.