The move is part of larger strategic initiatives at the real estate investment firm to provide cash for repurchasing its own stock and repaying loans.
More than 6,800 votes were cast by industry insiders for PEI’s annual awards, which saw serial winners and new contenders celebrated for their outstanding achievements in 2015.
Private equity was third behind venture capital and private equity real estate, according to the NACUBO-Commonfund Study of Endowments.
The French fund of funds has picked up a portfolio of tail-end buyout stakes from the PE unit of a group of privately held global companies.
The bank’s private equity fund interests were valued at $5.4bn, a 14% drop from the end of 2014.
Singapore-based Axiom has collected over $400m for its latest fund of funds with this latest re-up from Montana's state investment board.
Isomer Capital I is seeking €150m to target European technology investments including LP secondaries and directs.
Volatility in public markets and macroeconomic uncertainty are making secondaries participants more cautious, which affects pricing.
The fund of funds manager has ceased formal fundraising for the vehicle and is expecting to hold a final close in March.
The world's largest educator-only pension fund made its first investment to Ardian funds with a commitment to the FoF's latest secondaries vehicle.
si
si

Copyright PEI Media

Not for publication, email or dissemination