LP Sales

This is at least the sixth time the insurance giant has run a secondaries process.

Stonehage Fleming and GreenBear Group want ageing funds wound up quickly to avoid issues such as questions around valuations. The secondaries market is a viable resolution route.

Temasek launched its first collateralised fund obligation in 2006. Two decades on, the technology continues to grab the interest of new and repeat institutions.

The digital LP-led secondaries marketplace, which has facilitated smaller transactions since its founding, is seeking to attract larger sales, founder and CEO Antoine Dréan told Secondaries Investor.

The system's process marks the latest instance it has sought liquidity in the secondaries market.

Private markets comprise around 61% of Abu Dhabi Investment Council's investment portfolio.

A number of secondaries players have brought sales to market over the past 15 months – what sets them apart from other LPs is their disciplined approach to selling.

Overbay will retain control and independence of all investment activities following the investment.

The two managers have teamed up to target $1bn for a fund that will focus on growth equity and late-stage venture capital investments, Secondaries Investor has learned.

The $3bn-plus portfolio sale dubbed Project Ember includes a portion of equal strips to buyout funds, Secondaries Investor understands.