private equity

The $75bn US pension says it has received 'innovative' and 'conflict-riddled' secondaries proposals.

The firm is seeking €1.25bn for its fourth fund, almost two years after raising its predecessor.

Why build an in-house secondaries team when you can buy one? Storebrand Asset Management talks to Secondaries Investor about its acquisition of Cubera Private Equity this week.

The appointment of Michael Cronin and Vincent Hsu were among 11 partner and MD-level promotions at the firm.

Andy Shore, a Secondaries Investor Young Gun of 2018, is understood to be joining Kirkland & Ellis as a partner.

The rise of single-asset transactions has left some market practitioners unimpressed.

The firm closed nearly 80 secondaries transactions globally last year and advised on around $20bn worth of deals.

Sponsors have become the largest seller type with GP-led deals jumping 71% year-on-year.

The secondaries giant is understood to have collected at least $9bn for ASF VIII, which has a $12bn target.

Money, the desire for variety and changing generational priorities could drive more secondaries investment people into the advisory world.