Adam Le
Sales by pensions surged to account for over a third of sales by volume amid a rise in disposals by opportunistic sellers, according to Setter Capital's mid-year report.
The firm has raised €164m for Stafford Infrastructure Secondary Fund II, more than two-thirds of its target.
The Canadian pension giant has emerged as the buyer of stakes in Apollo Global Management and Blackstone-managed funds, Secondaries Investor has learned.
The firm has raised €350m and is hoping to raise a total of €400m by the end of the year.
Our Young Guns of Secondaries list has been keeping us busy, but not as busy as some of the candidates.
The asset manager has appointed Whit Matthews and promoted a senior investment manager to co-head of its US private equity team in Boston.
Secondaries firms with headquarters in the US accounted for the majority of capital raised since 2011, according to the Si30 ranking.
The firm has hit the hard-cap on its first dedicated real estate secondaries fund raised since it was acquired by Blackstone in 2013.
The global investment firm's offer of par to 30 June NAV was not taken up by the majority of LPs, Secondaries Investor has learned.
Sellers are demanding a high price despite a widening quality gap among funds focusing on the asset class, according to a report by Partners Group.