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tail-end funds

Tail-end funds
Activity is driven by secondaries and funds of funds aiming to lock in returns and liquidate old vehicles, according to managing partner Etienne Deshorme.
promotion
The tail-end secondaries specialist is investing its seventh fund, which closed last year on its $1bn hard-cap.
deals
Sellers pushed on with secondaries sales despite the crisis and dealflow is likely to remain strong into December, according to Jared Barlow, a partner at the firm.
London
The listed arm of Intermediate Capital Group de-risked its portfolio by selling stakes in funds managed by IK, Graphite and Silverfleet, among others.
Zurich
The firm targets underperforming funds and difficult situations, which it says have increased as a result of covid-19.
new hire
The appointment comes after secondaries head Nico Taverna's departure last year.
Tail-end funds
Hollyport Secondary Opportunities VII has raised double the amount collected by its 2017-vintage predecessor.
funds
As Hollyport seeks $750m for its latest flagship fund, we look at the terms of the fund and the niche secondaries specialist's performance so far.
Co-chief executive David Layton says he is 'pleased' that most pre-crisis dealflow has worked its way through the system.
LPs not proactively managing their mature fund commitments are incurring potentially huge opportunity costs.
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