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Ardian to launch $8bn mature secondaries fund

Generation Mature Secondary FoF will target stakes in European and US private equity funds.

Adams Street opens Seoul office

Chris Cho, who joined the Adams Street Partners this month from Lazard Asset Management, will head the firm's Seoul outpost as a principal.

HVPE to moderate secondaries investments

HarbourVest Partners' listed investment vehicle is around 5 percentage points above its target allocation for the strategy amid a rising valuations environment.

Are secondaries too good to be true?

Cyril Demaria, head of private markets at Wellershoff & Partners, argues secondaries provide a false sense of security to investors and that the benefits of mitigating the J-curve may have been oversold to LPs.

AlpInvest on why the secondaries market is ‘hot. Damn hot’

A revamped internal structure, new business lines and a focus on separate accounts have helped the firm thrive in a tough market for funds of funds, says head of secondaries Wouter Moerel.

HarbourVest shops $1bn pre-crisis portfolio – exclusive

This is at least the second large portfolio of stakes the firm has brought to market this year.

Fort Washington seeks investment manager

The Cincinnati-based firm's last secondaries fund was a 2013-vintage, $150m vehicle which acquired stakes in VC, buyout and mezzanine funds.

SL Capital hits final close on SOF III

The firm's niche secondaries fund has closed above its $400m target after 16 months of fundraising.

RCP Advisors holds first close on Fund III

RCP Secondary Opportunity Fund III, which launched in July with a $500m hard-cap, will focus on lower and mid-market North American funds.

ILPA: secondaries returns picked up in Q1

Secondaries have under-performed the All Funds index across all timeframes under review, according to the LP association.