Alex Lynn
KKR, Warburg Pincus and TPG-managed funds are included in the Singaporean state investor unit's latest securitised offering.
Fund III is BEX’s first to offer ‘X shares’, which are exempt from management fees and carried interest, for non-governmental organisations and major non-profit foundations.
William Gilmore spent almost two decades at Aberdeen where he led its European private equity funds team.
The Neuberger Berman unit completed six GP interest deals from Fund IV last year.
Speaking on a Secondaries Investor podcast, the advisory firm and placement agent's chief executive noted that the quality of the manager can negate a drop in pricing caused by staple offers.
Private equity professionals who manage more than $20bn and have at least 16 years' experience earned $65m in carry last year.
The move follows ODDO’s April acquisition of ACG Capital, the €1.8bn fund of funds and secondaries arm of ACG Group.
The firm has confirmed it will move Swedish chemical manufacturer Perstorp into a vehicle backed by Landmark Partners, two months after Secondaries Investor first reported on the deal.
Holding tax on effectively connected income has significantly increased the time taken to execute deals, according to intermediary Elm Capital.
The firm has collected €135m for eQ PE SF II, which had an undefined target.