Fundraising

The firm has raised €300m to invest in mid-market secondaries and co-investment opportunities.

Partners Group Real Estate Opportunities 2019 will target secondaries and direct opportunities.

The Asian directs specialist has raised nearly 90% of the capital it's seeking for NewQuest Asia Fund IV, which has been in market since at least April.

Jeff Akers and Pinal Nicum of Adams Street Partners discuss their latest fundraise, the rise of SMAs and the limitations of relying on leverage to generate returns.

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

The debut fund will target primary, secondaries and direct co-investments across multiple geographies, sectors and strategies.

The investment manager is seeking €700m for its eighth lower-market funds of funds, 40% of which will go to secondaries.

Around half of the capital raised is via separately managed accounts, Secondaries Investor understands.

The growth in dealflow outweighs the money being raised for the strategy, Mario Giannini told investors on the firm's latest earnings call.

Spectra Investments is seeking around $200m for its fourth fund and will allocate about 40% to secondaries.