Adam Le
The fund of funds manager has promoted two senior investment professionals who focus on secondaries, amid a total of seven promotions at the firm.
The firm estimates there is about $55bn of dry powder in the secondaries market, up from $49bn a year earlier.
The global investment firm is seeking to fill at least six positions related to its secondaries operations across its US and Asia offices.
The former Pantheon secondaries professional will join the Canadian pension giant later this year.
A little due diligence goes a long way, and that’s no less true for secondaries than any other part of the financial services industry.
The London tail-end specialist is increasing its exposure to Advent III after acquiring Deutsche Bank's stake in June.
San Francisco-based Industry Ventures is seeking $425m for its latest dedicated secondaries vehicle and $200m for a FoF which can also invest in the strategy.
The fund of funds manager is back in market with Pomona Capital IX, according to a US regulatory filing.
The foundation alleges former Park Hill managing director lied about an investment relating to the restructuring of an Irving Place Capital fund.
The real estate and private equity secondaries firm has expanded its RE secondaries team with the hire of Batih Van Leer.