The secondaries firm had its improved offer for the AIM-listed cleantech investor that shareholders accepted in February.
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The growth of the secondaries market has led to problems relating to publicly traded partnership rules becoming more common.
Overregulation could curtail growth and innovation in the asset management industry, delegates at a Luxembourg conference said.
Christophe Evain will be replaced in his capacity as ICG’s CEO and CIO by Benoit Durteste in July.
The investment firm has delayed a final close first slated for last summer to bring more limited partners on board.
The $50bn pension is searching for a consultant to help it with private markets investments including secondaries.
In this second part of a chapter from The Secondaries Market, Ropes & Gray’s Raj Marphatia and Frank Williams look at the types of representations and warranties, excluded obligations and indemnifications that may appear in Purchase and Sale Agreements.
Limited partners which choose to roll over their stakes in the UK buyout firm’s sixth fund’s restructuring process were revealed in a UK regulatory filing.
The firm will avoid leverage to fund deals and will instead use a credit facility of up to $360m for deals from its Global Secondary Fund 6, according to a memo revealing fund terms.
The endowment had previously sold about $1.7bn in private equity fund stakes in an effort to cut down its number of manager relationships.