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GP performance a key part of family offices’ secondaries strategy

Family offices are twice as likely as institutional investors to sell private equity stakes due to poor manager performance.

Ex-Landmark team joins Cresset Partners

Scott Conners, a former partner at the secondaries firm, will lead the private equity arm at Cresset, which caters for HNWIs and family offices.

Germany’s RIAM: secondaries set for declining returns

The family office-focused advisory firm believes high pricing at the peak of the cycle coupled with longer holding durations will contribute to a fall.

Family offices prefer direct secondaries route

A survey conducted by Private Equity International and Montana Capital Partners showed that the direct route is most popular, followed by GP-leds and small secondaries.

Canada’s Cygnus launches secondaries fund

The firm's main business is giving Canadian investors low-cost access to KKR funds through a Canada-domiciled vehicle.

LGT’s Crown Global IV invested $384m in first half

Investments made by the firm's $2.7bn fund reveal high exposure to growth capital and China, according to its interim results.

SMCR could require UK management shake-up

Regulation designed to draw clear lines of accountability within firms could mean a rethink of management structures or role definitions.

Crown Global III sees small NAV increase

Fund committed $326m in capital during 2016 compared with $629.7m the year before.

Nasdaq launches PE fund exchange

NPM Alternatives is the latest effort to boost liquidity in the asset class and will initially focus on feeder funds.

StepStone picks up 3i infra stakes

StepStone tapped its latest secondaries fund to acquire George Kaiser Family Foundation's entire stake in the six-asset vehicle.

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