The deal involved selling an interest in CBRE Dutch Office Fund, which follows a core strategy, to three European buyers.
The private markets investor says post-2009 fund stakes are changing hands at a premium, leading it to focus on less competitive opportunities.
The advisory firm has converted to a partnership and promoted four of its 11-strong team.
Investors in private real estate vehicles are engaging in secondaries as a way to managing their engagement with the asset class, delegates at the annual MIPIM conference were told.
The Volcker Rule and other aspects of the Dodd-Frank Act will be scrapped if the bill is passed.
Trevor Blake is the fourth person to leave the secondaries specialist in the past year.
The deal is the second for Stafford’s latest infrastructure secondaries vehicle, which recently held a third close.
Ropes & Gray’s Raj Marphatia and Frank Williams examine the legal points buyers and sellers should consider when making secondaries deals. In this first part of a chapter from The Secondaries Market, they look at the Purchase and Sale Agreement.
Shunsuke Tanahashi, a Goldman Sachs alumnus, left the Japanese advisory firm and placement agent due to management differences, Secondaries Investor has learned.
The US secondaries firm has acquired a further stake in SEP IV from LDC.