Brian Cantwell
The Blackstone-owned secondaries firm has snapped up BAML’s stake in Ares European Real Estate Fund III.
Risk assessment using funds' cash flow data rather than approximate valuations can help investors compose and rebalance portfolios, according to Unigestion.
The US pension has bought a stake in Westbrook Real Estate Fund IX, a 2012-vintage fund.
Secondaries buyers are casting a wider net to fish for credit, intellectual property, healthcare royalties, and other sorts of illiquid assets, says Rodney Reid, head of UBS' secondaries activity for EMENA.
The mid-market secondaries investor aims to raise a $350m fund with a $500m hard-cap by early 2015.
The Canadian pension continues to be a dominant secondaries market player.
Market participants have been buzzing about a Hellman & Friedman stake sold at a 30% premium to NAV – but does it actually provide a snapshot of overall market activity?
Committed Advisors’ managing partner Daniel Benin is one of the first to put a figure on what's expected to be a strong first quarter.
The global fund of funds’ figures show there are 200 funds over 10 years old with at least $100m of NAV. That's expected to be a key source of dealflow for secondaries investors.
Lexington continues its nine-year relationship with UK-based Azini Capital by contributing over 90 percent of its $100m Fund III.