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The US pension has backed the fund of funds' latest vehicle and has also committed to an SMA with the Asia-focused manager.
Olivier Decannière, the French secondaries giant's UK head, tells Secondaries Investor why its clients want to move past the 'old story' of private equity.
HarbourVest has acquired the 6-person fund of funds arm of Bank of America Merrill Lynch, BAML Capital Access Funds, which focuses on emerging and diverse managers.
Strategic Partners has a $500 million separate account for real assets secondaries, including infrastructure and energy.
The separate account will opportunistically invest in Canadian secondaries funds.
Led by CIO Scott Chan, the $7.6bn pension chose Pantheon to manage its secondaries infrastructure and real assets separate account.
The bankrupt city’s $2bn General Retirement System will interview Landmark and Lexington as it searches for a manager to run a $15m allocation to private equity secondaries.
The $3bn fundraising total includes a $300m separate account with the Ohio Public Employees’ Retirement System.
Goldman and Lexington have reportedly been beneficiaries of the secondaries-focused mandate.
The Chinese sovereign wealth fund is reportedly investing $500m each in custom accounts with secondaries players Lexington Partners, Goldman Sachs and Pantheon Ventures.
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