Western Europe

Pauline Chatin joins from Lyxor Asset Management, where she covered French institutional LPs and led fundraising on several products.

The process is focused on UK-headquartered Peel Ports Group, whose sale of a stake in 2020 to AustralianSuper valued the business at more than €4bn.

Flashpoint Secondary Fund is anchored by the Scheinberg family office, which represents the founders and former owners of online gaming website Pokerstars.

Secondaries investors bought a portfolio of European tech assets off Eurazeo's balance sheet, the latest in a series of strip sales by the manager.

The firm is investing its Secondary Fund IV, which closed in November on €1.6bn after 18 months in market.

The promotions come as the firm seeks $3bn for its fifth secondaries vehicle.

Lexington Partners’ tie-up with Moonfare could be the model that will allow secondaries firms to tap a lucrative new market.

The Nordics-focused manager started the Edda series of funds in 2018 to complement its longstanding direct secondaries offering.

The transaction comes as the bank combines its private fund investment teams under the banner of HSBC Alternatives, which has $26.4bn in private market funds and mandates.

The London-based appointments come as the Carlyle Group unit deploys its $10.2bn ASP VII secondaries programme.