Home Limited Partners

Limited Partners

Three-quarters of LPs commit to secondaries funds – survey

Regional differences are still palpable in attitudes to investing in the strategy, according to sister publication Private Equity International's Perspectives 2018 survey.

Legal terms scupper LPAC institutionalisation

Limited partners are acting to preserve their individual interests and make clear they do not represent the LPs collectively in a fund, a conference has heard.

ACE plots one-and-done on fourth secondaries fund – exclusive

Secondary Investments IV has a $20m hard-cap to stay within its niche, according to co-founder Sherif ElHalwagy.

When less isn’t more

CalPERS is reviewing its strategy of consolidating PE commitments into fewer managers. What will that mean for the industry?

BC Partners staple: sellers revealed

LPs that chose to sell their stakes in BC European Capital IX to Lexington Partners include media group scions, insurers and endowments.

Connecticut re-ups with Landmark

The US state's Retirement Plans and Trust Funds has committed $100m to the secondaries firm's latest private equity vehicle.

Michigan commits to Ardian infra secondaries fund

The $30m commitment to ASF VII Infrastructure is part of a $1bn alternatives push by the US pension manager.

LP sentiment on secondaries dampens

Expectations of capital distributions are up, with high pricing and dry powder dampening deployment, according to a report by Rede Partners.

Ardian expects $1.2bn close on early secondaries fund

AESF VI will be nearly double the size of its predecessor, according to a document seen by Secondaries Investor that reveals details of the fund's investments.

Minnesota to commit $150m to Landmark RE VIII

This is the $82bn pension's first investment with the private equity and real estate secondaries firm.