Chelsea Stevenson
The listed fund of funds from SL Capital Partners increased its position in Advent Global Private Equity VI and The Fourth Cinven Fund.
Apax Europe VII recently exited Swiss mobile operator Orange Communications for $3bn.
Investments in the portfolio include hotel property chains Mercure and MGalleries and a Winchester, England student accommodation.
Christopher Davis has joined the firm from UBS where he was a wealth strategy associate.
The Graphite Enterprise Trust has purchased a stake in the fund from New York-based Columbia University.
A pure multiple comparison of six vintage years by the software provider found secondaries outperform primary funds by an average of just 0.07x, according to eFront COO Eric Bernstein.
Think you know the difference between a fund recap and a restructuring? Your peers might not.
The direct secondaries firm has sold personal care products maker Pantex and hydraulic hose company Pirtek.
A group of secondaries firms purchased LP interests in two special situations funds for a single-digit discount to net asset value.
The solutions group includes fund of funds arm AlpInvest, which has deployed €1.6bn of its latest secondaries fund.