The market for employee liquidity has grown in terms of types of deals and buyers, explained W Capital Partners managing partner David Wachter.
Cogent included the amount of available leverage in its estimate of $84bn of dry powder.
The Louisiana State Employees’ Retirement System has an existing relationship with Coller, having committed to the firm’s prior secondaries fund.
If the first US corporate pension schemes start investing this year, return-hungry new players will enter the private equity and secondaries markets.
Celeste Barone was previously chief compliance officer and managing director of finance at Pomona Capital.
Only 12 percent of investors plan to sell assets via a secondaries exchange or platform, according to a survey conducted by SEI.
Top Tier Venture Capital VII will invest in secondaries alongside the firm’s debut dedicated secondaries and co-investment fund.
The Rockspring Pan European Property Fund invested in Portugal-based shopping centres RioSul and SerraShopping.
The amount of capital funds of funds allocate to secondaries has nearly doubled in the past decade.
Roughly 54 percent of LPs believe current secondaries valuations are too high, according to a report from SEI.
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