Singapore's state investment company - which has been active in secondaries in the past - has formally opened in London and plans a New York office opening this year.
MD and co-head of secondaries Philipp Schnyder has left the firm after 12 years, while managing director and secondaries co-head Howarth has returned to the US after two years in Singapore.
Based on Q1 activity, Hamilton Lane expects dealflow to hit $30bn this year.
The complex sale of CVCI fund interests by TRG includes Citigroup balance sheet, employee and client money that push it in excess of $2bn.
The tech sector drew the most direct secondaries last year, according to advisory firm NYPPEX. It expects nearly $20bn in direct secondaries to transact across sectors this year.
33 respondents to its Evercore's market survey planned to raise a collective $30.2bn this year.
Private equity fund interests from the Royal Mail's pension fund could be sold off by the UK government after it took over responsibility for the Mail's pension scheme in 2012.
Sarah Schwarzchild and David Lei will head up real estate secondaries for Carlyle-owned Metropolitan Real Estate Equity Management.
The life sciences-focused direct secondaries firm has purchased 20 assets thought to be worth $5-10m each with the backing of Lexington Partners.
Sellers’ demands for staples may be slowing up some of the bigger secondaries deals in play.
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