News & Analysis

While many UK pensions are familiar with the secondaries market, few view it as an easily accessible way of freeing up liquidity.

PineBridge Secondary Partners IV closed above its $500m target and will focus on small- to mid-sized globally diversified deals.

LPs from Canada, Norway and Benelux are all expecting to raise their deployment to secondaries, according to research by Rede Partners.

Making the business case for spinning out is often easy; the potential pitfalls come from the details of doing it.

The private equity firm has already raised around half the target of Bridge No.5-B Private Equity Secondary Investment Fund, Secondaries Investor has learned.

Data from NYPPEX and Elm Capital show holding on to the oldest of these assets might not be worth the trouble.

Kevin Nowaskey, who was listed on Secondaries Investor's ranking of the most influential young professionals under 36 last year, will work on secondaries and fundraising in the firm's New York office.

The Blackstone unit is part of a consortium which will acquire private equity stakes in a deal worth more than $1bn, Secondaries Investor has learned.

Coller Capital and Goldman Sachs Asset Management will acquire around €1.5bn worth of net asset value held in the Scandinavian buyout firm's 2008-vintage fund.

The Texas pension needs to increase its exposure to non-core real estate on advice from consultant Meketa Investment Group.