Annabelle Ju
Based in New York, Annabelle Ju covers North American institutional investors and fund regulation as the US Private Equity Reporter for Private Equity International and private funds management. She previously reported on market structure at Bloomberg and obtained her Master of Science degree from Medill School of Journalism at Northwestern University.
The five-year plan is made of six strategic initiatives, including one focused on private equity fee and profit-sharing transparency.
The firm has raised more than €120m for Euro Choice Secondary II and expects to hold the final close on its latest fund of funds at the end of October.
The VC fund of funds has hired Goldman Sachs and Bain Capital professionals as it prepares to start investing its latest secondaries fund.
The New York-based investment bank has to meet Volcker Rule standards, which requires banks reduce their private investment interests to 3% of their tier 1 capital by the new July 2017 deadline.
Proskauer Rose’s Howard Beber and Michael Suppappola tell Secondaries Investor that despite having healthy scepticism, LPs are increasingly judging each deal on its merits.
The denominator effect is also unlikely to affect LPs' decisions on investing or selling on the secondaries market, according to a survey by Palico.
Previously an associate regional director at the SEC, Catherine Dabney O’Riordan will focus on investigating misconduct by private funds, investment advisors and investment firms.
Origami Opportunities Fund III's strategy includes direct secondaries and restructurings deals and will focus on North America and Europe.
Deals are taking longer to close due to political uncertainty, according to the head of Aberdeen Asset Management's buyout, secondaries, mezzanine and direct co-investments unit.
The New Jersey Division of Investment, which sold stakes on the secondaries market earlier this year, has lost Jason MacDonald, who will join his alma mater as an investment director in July.