real assets

Real Assets Fund IV is targeting $700m, almost double the amount raised for its predecessor.

Janice Ince will source, evaluate and execute real assets primary and secondaries deals from the firm's San Francisco office.

The firm is seeking $700m for its latest real assets secondaries vehicle and has upped its carried interest to 12.5% from 10% compared with Fund III.

The firm has backed a deal in which the Chinese insurance giant used infrastructure fund stakes as seed assets to launch a fund of funds and co-investment strategy.

Which secondaries strategies raised the most amount last year and which are the biggest funds in market? Find out in our interactive report showcasing Secondaries Investor data.

Ron Heinz, who joins from niche secondaries firm Sweetwater Capital, is one of five appointments made by the firm in the second half of last year.

The energy investor has set up a continuation vehicle for the process on its $1.24bn Fund IV.

Stafford’s successful takeover of a $259m timber fund suggests most investors value a guaranteed exit today more than higher promised gains tomorrow.

The firm is acting as a source of equity for new agriculture and food funds, in addition to trading fund stakes.

Stafford Capital Partners has lodged a $244m hostile bid for a timber fund it used to manage, but the fund is holding out.