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PineBridge closes third secondaries fund on $308m

PineBridge Secondary Partners III had been targeting $500m.

NewQuest deploys roughly $200m in 2014

Hong Kong-based NewQuest Partners is seeing a more robust pipeline build up in Asia’s direct secondaries market, particularly in 2004- to 2007-vintage funds.

Asian funds raise $600m in 2014

Three Asian secondaries funds closed on $600m in 2014, PEI's Research and Analytics division disclosed.

EM secondaries: a growing untapped opportunity

There's a new wave of supply in emerging market secondaries and buyers with local expertise are best placed to exploit these opportunities, says PineBridge's Valerie Chen (pictured), Cristina Alcaide and Amit Mahajan.

Swiss pension increases stake in Partners EM fund – updated

Zurich-based pension fund Nest Sammelstiftung initially committed $4.3m to Partners Group Emerging Markets 2011.

Altamar considers LatAm for secondaries

Madrid-based Altamar has a broad Spanish-speaking LP base and is currently analysing Latin America’s secondaries market, says executive directors Ignacio de la Mora and Miguel Echenique.

Auda: Availability of growth attracts Asian investors

Direct secondaries are set to rise in Asia, where there are guaranteed exit options and more than 6 percent growth says Lucian Wu, the newly-appointed managing director in Auda’s Hong Kong office.

Africa’s macro risks aren’t triggering secondaries

LPs aren't selling their stakes in African private equity funds because of risks like Ebola in West Africa, says EY's Graham Stokoe.
Neuberger Berman has collected more than $1bn from Japanese and Korean LPs

NB raises $1bn from Japanese, Korean LPs

Neuberger Berman is in market with its 20th fund of funds and closed its third dedicated secondaries fund last year.

Africa secondaries are years away

Few African funds are trading on the secondaries market and sources estimate the market could take between five and seven years to develop.

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