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tail-end funds

Lexington buys UK tail-ends from West Midlands Pension

The firm used its latest fund to acquire positions in funds managed by Scottish Equity Partners and Gresham, having bought several UK-based assets in 2018.

Hollyport seeking $750m for latest secondaries fund – exclusive

The tail-end specialist is seeking $250m more than it raised for its predecessor, Secondaries Investor has learned.

Schroder Adveq picks up Partners tail-ends

The stakes were sold by a mature fund of funds vehicle and were in vehicles managed by EQT, BC Partners and other big names.

BRG: How to extract liquidity from tail-end assets

Executives from BRG discuss the alternatives to liquidity for mature funds that are struggling to access the secondaries market in this sponsored Q&A.

Counterparty? What counterparty?

Buyers who acquire assets from a fund that is winding down need to be aware of several key issues, including the lack of a counterparty from which to recover any losses, according to Proskauer's Andy Shore.

The case for clarity in end of fund life issues

Ambiguity around who pays for what when a vehicle comes to the end of its term could scupper growth in the GP-led secondaries market.

Illinois Teachers plans more secondaries sales in 2019

Having offloaded a portfolio of 19 positions in March, the pension plans to strike again in the 2019 fiscal year.

Ardian buys from Wellcome Trust

The endowment sold a stake in Apax's 2005-vintage fund, which contains fashion house Karl Lagerfeld, among other assets.

Hollyport picks up tail-end stakes from Pantheon

The tail-end specialist acquired stakes in funds managed by BC Partners, Graphite Capital and Apax Partners, among others.

Lexington sells tail-end stakes to Montauk TriGuard

The deal included stakes in Bridgepoint, BC Partners and DH Private Equity Partners funds.

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