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First Republic Bank offloads debt portfolio – exclusive

A sole buyer acquired two separate credit funds of funds as part of a clean-up in the bank's private investment arm, Secondaries Investor has learned.

Idinvest opens Frankfurt office

The opening brings the Allianz spin-out's global office count to five as it forges ahead with its latest secondaries fundraise.

Idinvest appoints GC

Julien Princi, the former deputy general counsel for Amundi Asset Management, has joined the private equity and private debt firm.

New Crestline team to sniff out niche exit opportunities

The credit specialist has hired a former PineBridge Investments secondaries specialist as it launches a fund restructuring business that also offers preferred equity.

Idinvest hires first head of marketing

Stéphanie Courtadon, a marketing veteran of mid-market GP Siparex and Crédit Agricole Private Equity, will run the firm’s RFP processes.

StepStone launches private debt arm

The global investment firm has acquired a private debt and hedge fund company as part of the launch of its new business.

Newport fund restructuring closes – exclusive

Morgan Stanley, LGT Capital Partners and Neuberger Berman were the main investors in the restructuring of Newport Global Opportunities Fund, a distressed debt fund raised a decade ago.

Pomona Investment Fund buys Audax LP stakes

With this new investment, the fund's portfolio now has exposure to 19 underlying funds managed by 10 general partners.

New Mexico delves into distressed secondaries with Siguler Guff

New Mexico Educational Retirement Board (NMERB)'s deputy chief investment officer explains why the pension set up a separate account with Siguler Guff to focus on secondary investment opportunities in distressed debt and special situations.

Newport starts restructuring distressed debt fund – exclusive

The distressed debt fund, raised about 10 years ago, was caught in Lehman Brothers' collapse, which impacted its returns.