News

The South Korean government agency wants to commit up to $200m to secondaries funds this year.

Offloading a $1.3bn portfolio to Ardian helped push the pension system to a since-inception DPI capital ratio of 1.0x.

The buyout firm has been in discussions with providers over a £500m finance facility for its 2013-vintage HgCapital 7 fund, Secondaries Investor has learned.

Declining return expectations, longer deferrals and market volatility are among the factors shaping today's market.

Managing director Tony Cusano was listed in Secondaries Investor's 2017 Young Guns of Secondaries ranking of the most impressive professionals in the industry under 36.

Anyone doubting that Asia could provide meaningful secondaries dealflow should think again.

The firm entered the real estate secondaries market in 2017, bringing in Deutsche Bank's Scott Koenig to lead the build-out.

San Francisco-based Melting Point Solutions seeks to maximise pricing for sellers by seeking bids for single items as well as whole portfolios. Raphael Haas, the firm's chief executive, talks to Secondaries Investor about why multi-buyer sales can deliver better pricing for sellers and why non-dedicated buyers can provide outlier pricing.

The Carlyle Group unit is understood to be among buyers involved in the GP-led process on Oaktree Principal Fund V.

The $3.5bn ACOF III fund is understood to have nine assets remaining, including the US luxury department store.