Anwer Farooqui, who spent 30 years at the gulf SWF, has joined the firm formed by two ex-Coller Capital partners.
Ambiguity around who pays for what when a vehicle comes to the end of its term could scupper growth in the GP-led secondaries market.
University of Michigan endowment's sale is the latest in a series of large divestments by North American institutional investors.
Duties at the $6.4trn asset manager will include assisting with fundraising and preparing external investor reports.
Greenhill advised the Californian pension to split the interests into main and tail-end portions.
The $16.7bn US pension wants to reduce its number of GP relationships.
The move follows ODDO’s April acquisition of ACG Capital, the €1.8bn fund of funds and secondaries arm of ACG Group.
The process on the 2006-vintage, $8.1bn Fund VI is being put to limited partners on Wednesday, Secondaries Investor understands.
As the pension discusses the final plan for its revamped PE programme, we look at how it can hit its target annual deployment range, including through secondaries opportunities.
Kumber Husain joins global head Mark McDonald and EMEA head Daniel Green as part of an ongoing secondaries rebuild.
si
si

Copyright PEI Media

Not for publication, email or dissemination