GP-Leds

The State of Wisconsin Investment Board is looking to sell a $203m legacy private equity portfolio of 48 funds, according to board meeting documents.

The $288bn pension system expects to modify its private equity plan, as part of a continuous effort to restructure its portfolio and reduce the number of manager relationships.

HarbourVest managing director David Atterbury says sellers are beginning to take advantage of high prices in the secondaries market.

Eaton Partners is the latest placement firm to enter the secondaries advisory market. We spoke to partner Jeff Eaton to learn why the firm has launched this new business line.

HarbourVest Partners has stepped in to rescue the two-year restructuring process of the Australian private equity firm's funds, giving investors the option of joining a new vehicle.

Ardian managing partner and head of Ardian USA Benoit Verbrugghe plots a course for its recently raised $9 billion Fund VI and what the French firm plans to do next.

The former private equity arm of investment bank Lazard is seeking a recap of its $1.1bn 2005-vintage Fund II, according to sources.

Discussion at the 17th annual King & Wood Mallesons SJ Berwin private equity briefing reveals surprise over the longevity of private funds.

The New York-based private equity firm has hired Moelis & Co to help recap funds raised in 1998 and 2006, with any restructure potentially including a carry reset on Fund III.