Chilean asset manager Moneda has transferred a portion of its stake in a Carlyle European buyout fund amid rising investment from Latin American LPs.
The associate will focus on secondaries and will work within 50 South Capital, which was formed earlier this year from Northern Trust Alternatives Group.
The new company combines Blackstone’s financial strategic advisory services, restructuring and reorganisation advisory services and Park Hill Group businesses with Paul Taubman's PJT Capital.
She comes back to Singapore's $186bn state-owned investment firm in her previous roles, while Lee Theng Kiat becomes CEO of its management arm, Temasek International.
The $1.4bn pension fund will likely make a commitment in the fourth quarter or in the first quarter of 2016 at the latest.
The Zug, Switzerland-based private markets investment manager has acquired seven real estate assets with a total gross value of $163m.
Realisations were driven in part by secondaries, which also fueled growth of the firm's investment portfolio.
The Japanese private equity firm has hired an investment professional amid fundraising and expansion.
A secondaries sale would allow the $79bn pension fund to remove a connection with controversial payday lender ACE Cash Express.
PEI, the fast-growing publisher of Secondaries Investor, has received a sizeable injection of private equity capital as it continues to expand its coverage of the world’s alternative asset markets.
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