Fundraising

The niche investor's second fund has hit €64m as it aims for double the amount raised for its debut vehicle in 2015.

Almost half the capital comes from the firm's latest fund of funds.

A vibrant secondaries market is one of four ways to help attract more LP capital to the asset class, according to the head of body which represents French institutional investors.

The firm has hit its €650m target for mcp Opportunity Secondary Program IV after three months of fundraising, Secondaries Investor has learned.

Imene Boumalala, a more than decade-long veteran of Neuberger, joins the firm as it eyes returning to market with its latest strategic secondaries fund.

Market participants gathered on the Cote d’Azur to discuss the industry’s biggest issues. Here are the key takeaways.

Record volumes, high prices and the growing popularity of VC funds are among the trends outlined in recent reports from the secondaries advisors.

The fund, which was targeting $1bn, includes El Paso City Employees' Pension Fund, according to PEI data.

The fund can issue debt or preferred equity and buy fund stakes on the secondaries market, documents from a US pension show.

The record amount of capital hauled in for private equity secondaries in 2017 is unlikely to be repeated in 2018.