Home US

US

Strategic Partners aims for 2019 final close on largest fund yet

The firm's Strategic Partners secondaries unit is seeking $8bn for Fund VIII, as Secondaries Investor reported in May.

Montana SBI breaks with FoFs through portfolio sale

The pension sold a $70m portfolio made up predominately of mature funds of funds stakes as part of its plans to move away from the strategy.
Handshake

Eaton Partners adds New York secondaries VP

The firm has advised on 10 complex secondaries transactions totalling $2bn, including one of Asia's first restructurings in 2016.

Lexington IR head departs

Rebecca John, who had been with the firm for 17 years, left the secondaries firm at the end of September.

NYCERS: Industry ‘could do a better job’ on GP-leds

David Enriquez, the $65bn pension's co-head of private equity, says the market needs to differentiate between types of process and their purpose.

Landmark smashes latest PE fund target with $7bn raise – updated

The close of Landmark Equity Partners XVI, which had a $4.75bn hard-cap, brings the firm's total committed capital to $27bn.

Neuberger in Wind Point GP-led close – exclusive

Investors in a 2006-vintage, $715m US mid-market buyout fund were given the option to sell or roll over into a five-year continuation vehicle.

Neuberger Berman’s Perkins: complexity is your friend

In the current late cycle pricing environment, secondaries buyers need to play to their strengths, according to managing director Tristram Perkins.

ECI tax holds up secondaries deals – report

Holding tax on effectively connected income has significantly increased the time taken to execute deals, according to intermediary Elm Capital.

HQ Capital hires business development director

Amy Thiessen, who has real estate experience, joins the firm to focus on raising capital and developing strategic partnerships.

Copyright PEI Media

Not for publication, email or dissemination