Chelsea Stevenson
The deal, orchestrated by Cogent, will let Perseus finally wind down operations.
The bulk of the capital was deployed during the fourth quarter, according to Blackstone’s earnings statement.
Secondaries deal volume grew to $42bn in 2014 and was partly driven by transactions of $1bn or more.
Head of private investments André Bourbonnais (pictured) will step down on 30 March and will be replaced by colleague Mark Jenkins.
Manhattan Venture Partners has launched as a research-driven firm focused on the secondaries market for late-stage private technology companies.
Partners Group is looking for non-traditional private equity secondaries deals and infrastructure secondaries opportunities in Europe’s brownfield market.
Lexington Capital Partners VIII launched in September 2013 with an $8bn target.
The Swiss wealth management firm has sold its stake in Partners Group Secondary 2008.
FW Capital simultaneously marketed its third secondaries fund and its eighth primary fund of funds, which garnered a $180m capital overlap, said head of private equity Steve Baker.
Landmark Equity Partners XV launched in 2013 and surpassed its $2.5bn target.