Secondaries fundraising falls off cliff in Q1
Capital raising for private equity secondaries strategies plummeted 77% year-on-year for the three months to end-March, according to PEI data.
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SPOTLIGHT ON: PENSION SALES
LACERA sells over $1.4bn LP portfolio as investors hunt for liquidity
The deal is part of a wave of LP secondaries driven by fund investors' desire to get proceeds from older funds.