LPs in the $5bn Providence Equity Partners VII have until Friday to decide if they want to sell their stakes to a consortium that includes HarbourVest and StepStone.
More than 70% of LPs in New Europe Partners II chose to sell their stakes in a deal that closed on Friday, Secondaries Investor has learned.
The investment firm could reach up to 150 hires by the end of the year to match its anticipated AUM growth for the year.
The firm is expecting to raise around $6.5bn for Dover Street X, including co-investment pockets and SMAs.
Stafford Capital Partners has lodged a $244m hostile bid for a timber fund it used to manage, but the fund is holding out.
Euro Private Equity's Select Opportunities II fund invests in secondaries and co-investments in European SMEs.
The deal is one of the largest LP portfolio transactions.
CAM Private Markets bought the remainder of Deutsche Asset Management's primary business, the culmination of years of mergers, acquisitions and internal ructions.
The secondaries firm bought a large chunk of Advanced Capital's PE portfolio last year, Secondaries Investor revealed.
Brian Kolin and Boriana Karastoyanova were investment committee members and had originally joined Credit Suisse Strategic Partners.
si
si

Copyright PEI Media

Not for publication, email or dissemination