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Credit Suisse hires ex-Evercore MD – exclusive

Sameer Shamsi, who left the advisory firm in March, has joined the investment bank's private fund group in New York, Secondaries Investor has learned.

Navigating conflicts in non-traditional real estate deals

Desi Co, co-founder of advisory business Accord Group, explains why some secondaries investors are offering real estate managers a chance to keep their properties through non-traditional deals.

SEC to focus on retail investors in 2018 – Proskauer

The US regulator’s spotlight on ‘Main Street investors’ means private funds enforcement will focus on retail investors with access to non-public investments, according to the law firm.

RCP holds second close on Fund III

The fund, which has been in the market since July, will acquire stakes of between $3m and $30m in lower- and mid-market North American funds.

Cebile hires UBS’s Westerback in US push – updated

The advisory firm and placement agent has opened an office in New York which will be led by Steven Westerback.

Sacramento County swaps separate accounts for fund stake

In an unusual real estate secondaries deal that one executive called a ‘no-brainer,’ the $8.6bn pension system is trading six assets for a $250m interest in an open-ended fund.

Prudential seeks secondaries professionals

The US's largest life insurer wants to hire a senior VP and a VP to work in its alternative assets group.

First Republic Bank offloads debt portfolio – exclusive

A sole buyer acquired two separate credit funds of funds as part of a clean-up in the bank's private investment arm, Secondaries Investor has learned.

Fort Washington spin-out holds first close on debut fund

Timber Bay Partners, a secondaries firm founded by two Fort Washington executives, is seeking $200m according to a US Securities and Exchange Commission filing.

SEC to ratchet up scrutiny of fees and expenses

The agency will start spending less time on new financial regulations, according to its chairman, Jay Clayton.