Adam Le
The listed asset manager is in market with StepStone Secondary Opportunities Fund V and had raised at least $1.2bn as of June.
The development comes around one month after DWS chief executive Stefan Hoops said that while alternatives was a key pillar for the firm, it would be focusing on commercial real estate and infrastructure.
Secondaries Investor catches up with John Bradley, senior investment officer at the $218bn US pension, to discuss the SMA's target returns and why it chose to work with Aegon Asset Management on the account.
Paris-based Jasmin has promoted one of its managing directors to fulfil the role.
LP secondaries is a scalable business, meaning firms like Strategic Partners can raise funds twice the size of their predecessors without doubling the size of their teams.
The asset manager of one of the world’s largest financial institutions is seeking €500m for the vehicle.
Jacqueline Eaves will join the law firm's private equity and private investment funds practices in London.
The alternatives giant has collected $25bn, including $2.7bn for its dedicated GP-led vehicle.
Stafford Infrastructure Secondaries Fund V will seek €1.3bn and comes five months after the firm closed its predecessor vehicle.
Devon Park, which has also hired a Committed Advisors investment professional, aims to leverage its team's buyside experience in an increasingly crowded advisory market.