private equity

With Blackstone’s stake in BC Partners the latest deal in an expanding market of GP stakes, here's a look at which firms have been on the acquisition trail.

The Canadian pension giant is in poll position on a deal that will offer liquidity to LPs in the firm's 2011-vintage $2bn Growth II fund.

Three years ago the thought of a $100bn secondaries market was met with a chuckle; today it looks more likely than not.

Tony Cusano has founded Banner Ridge Partners and hired a principal from his former firm as a partner.

The move comes two weeks after the former co-heads left.

Senior executives at the former emerging markets private equity firm overvalued positions and delayed markdowns to attract LP stakes purchases, a US indictment alleges.

The departures follow that of the CEO and COO in March from the investment arm of the German family office.

The market is too competitive and those who bought stakes after the global financial crisis look like 'super smart money' now, the $65bn fund's director of investments Stephen Moseley tells Secondaries Investor.

The total deal is valued at just under $800m and the voting period ends this week.

The Toronto-headquartered firm, which last year raised $1.3bn for secondaries, has appointed Sophia Damianou as MD of EMEA business development.