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Secondaries

When less isn’t more

CalPERS is reviewing its strategy of consolidating PE commitments into fewer managers. What will that mean for the industry?
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Custar’s next stand – exclusive

Credit Suisse's former global head of secondaries Mike Custar has emerged at a Jefferies spin-out boutique advisory firm, Secondaries Investor has learned.

Deutsche hires Credit Suisse’s McDonald for secondaries rebuild

The investment bank has hired Mark McDonald to lead the unit after its original team spun out to form Glendower Capital.

Idinvest hires IR and marketing head for global push

Charles Daulon du Laurens has been hired to help the firm internationalise its investor base across primaries, secondaries, VC and mezzanine.

LatAm secondaries deals face low success rate

Mismatched price expectations between local sellers and foreign buyers are likely to results in 90% of deals stalling, according to Altamar's Latin America head.

Pomona and Strategic Partners trade tail-end Lion stakes

The 2004-vintage Lion Capital has invested in names including Weetabix, Jimmy Choo and Russia's largest vodka producer.

Greenspring back with third VC secondaries fund

Baltimore Fire and Police is mulling a commitment to the vehicle.

ICG expects 2018 launch for next secondaries fund

The firm's latest secondaries fund, the $1.1bn Strategic Secondaries II, was 50% invested as of the end of September.

Why CalPERS is rethinking its ‘core 30’ concept

The pension plan’s strategy to reduce GP relationships to a core group has not delivered the benefits it expected.

Julius Baer Private Markets seeks investment professional

The private markets arm of the Swiss bank is searching for candidates to focus on secondaries as well as primaries and co-investments.