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The $850m Chicago Firemen’s Annuity and Benefit Fund will make a third secondaries investment by the end of the month.
The $37bn university endowment will make substantial cutbacks to its private equity portfolio, which one secondary investor calls a 'sophisticated' move to sell before other LPs do the same.
The promotions of Brett Gordon, Alex Rogers and John Toomey brings to 20 the firm’s total number of managing directors worldwide, with five focused on the firm’s secondaries business and four working on direct investments.
The San Francisco-based private equity real estate secondaries firm appoints former Redwood Trust mortgage specialist John Arens as director.
The San Francisco-based secondaries specialist is growing its team of private equity real estate pros with a new hire and internal promotion.

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