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Almost 80% of LPs have taken part in one or more PE fund restructurings since the global financial crisis.
At least ten new funds were raised or announced in recent months with a total of $10.79 billion, PEI data disclosed.
The California Public Employees’ Retirement System plans to cut its relationships with external private equity managers from 100 to 30, according to Ted Eliopoulos, chief investment officer of the $300bn pension fund.
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LPs have a more positive view of private equity in the Asia-Pacific region and plan to be active buyers and sellers in the secondaries market within the next two years, according to a new report by Coller Capital.
The retirement system for the Big Apple is looking to use the secondaries market as a portfolio management tool.
As Landmark closes its $1.6bn real estate secondaries fund, sister publication PERE's Thomas Duffell looks at whether there's enough deal flow for the demand and the best place to find it.
With the transactions, ILIM, an investor in Irish real estate, will expand its exposure to European property investments.
Ardian is hiring throughout the company, including in its fund of funds business. Its portfolio companies include US pet supply store giant PetSmart.
The fund of funds invested in Nordic Capital Fund VII, Permira Europe III and Permira IV.
Phoenix Life Assurance, which sold the stake to Landmark, ceases to be an LP in the fund.
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