Institutional Investor

Several secondaries professionals left large firms during 2015 to start their own ventures. Here's the 2015 best of people moves.

Singapore's $344bn sovereign wealth fund hired a former Pantheon exec in October and is seeking a secondaries professional for its Singapore office.

The pension fund's first foray into private equity sees $30m allotted to three secondaries funds.

The secondaries fund targeting high net worth individuals purchased a $25m portfolio of fund stakes from The Regents of University of California.

The acquisition was part of a large sale from insurance company Nationwide, which was rebalancing its private equity portfolio.

The flow and pace of transactions this year is looking very different to previous years, reflecting several new dynamics in the secondaries market.

NEPC’s Q3 2015 poll shows that in response to high valuations and restricted access to top quartile managers, these investors are looking into co-investing.

The insurance company unloaded interests in at least six European funds, mostly tail-end, to PineBridge and Akina.

The California pension fund responds to a letter sent to it by State Treasurer John Chiang calling for legislation on fee disclosure.

John Chiang urges CalPERS and CalSTRS to work with him to 'mop up another private equity industry mess'.