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Lexington founder steps aside

Brent Nicklas is stepping aside from the day-yo-day running of the business, with US secondaries head Wilson Warren stepping into the role.

Florida SBA makes first Landmark commitment

The pension committed $100m to Landmark's real estate secondaries fund, the first it has made with a secondaries manager that is not Ardian or Lexington.

Healthcare partnership collects $227m for secondaries

Leerink Revelation Partners, which can by direct stakes and take positions in healthcare funds, has nearly $400m under management.

Adams Street collects $820m for secondaries Fund 6

The fund is seeking $1.2bn to invest in LP stakes, directs and GP-led transactions in funds of between three- and eight-years of age.

U of Houston re-ups with Lexington

The endowment has committed $10m to its latest flagship fund, which is seeking $12bn for secondaries.

Fenway restructuring makes it over the line – exclusive

Tail-end specialist Hollyport Capital backed the deal involving the buyout firm's 1998-vintage fund, including a discount of as much as 70% on the GP clawback.

StepStone spin-out hires new managing partner

Sweetwater is seeking $150m from endowments and family offices to invest in VC secondaries.

Landmark launches Real Assets Fund II

North Carolina Department of State Treasurer made a $250m commitment to the fund.

Landmark increases investment in Clearlake

Landmark had used a preferred equity structure to finance a deal last year involving Reservoir Capital Partners.

CalSTRS CIO: ‘We’re constantly looking at secondaries’

The lack of liquidity has made the market tricky to negotiate so far, according to Chris Ailman.

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