News

The pension system will continue to evaluate funds in which to opportunistically sell and buy interests.

The assets are part of a US-focused subscription-led information and events portfolio PEI has purchased from Simplify Compliance Holdings.

The US's second-largest pension fund committed $500m to ASF VIII, twice the amount it invested in the firm's previous secondaries programme.

Ted Craig, a partner and secondaries specialist, has left the London-headquartered law firm and asset management consultancy.

Secondaries Investor caught up with the industry body’s chief executive Steven Nelson for a sneak peek at its soon-to-be released GP-led secondaries best practices.

The buyout firm is exploring options for its 2008-vintage Fund V, which holds the world's third-largest ice cream producer Froneri, in a deal that could be worth close to €2bn.

The secondaries firm, along with investment manager Wafra, has acquired a stake in Siris Capital Capital Group and will fund the repurchase of another minority stake sold at the firm's inception.

Neil Harper, who has been at Morgan Stanley Alternative Investment Partners since 2006 and oversees its secondaries business, is the unit's second senior departure in six months.

The spin-out of 55 people, 35 companies across three continents and the need to juggle the interests of several LPs that happen to be secondaries firms: the deal shows just how far things have come.

The preferred equity specialist has raised almost $1bn for Whitehorse Liquidity Partners III, which launched in November.