Chelsea Stevenson
The number of secondaries GPs seeking capital from Latin American LPs has skyrocketed in the past five years.
Austin-based Employees Retirement System of Texas counts Industry Ventures, Lexington, LGT and Southern Cross among its secondaries fund managers.
Aldwych Capital Partners is a €120m feeder fund raised to invest in three funds managed by The Carlyle Group.
The Colombian division of Skandia Old Mutual isn’t investing in secondaries right now, but anticipates value in the secondaries market going forward.
Macquarie European Infrastructure 4's portfolio includes Open Grid Europe, a German gas transmission network operator.
Emily-Jane Finigan joined the Carlyle-owned fund of funds manager last year.
Darby Converging Europe Mezzanine Fund invested in 16 companies, including Czech solar power company Energy 21.
Axiom Asia invests about 20% of its fund of funds in secondaries and co-investments but hasn’t seen any GP restructuring deals attractive enough to pursue, says head of secondaries Alex Sao-Wei Lee.
The London-based secondary advisor and placement agent was founded in 2012.
The New Mexico State Investment Council’s recent secondaries activity should encourage other LPs to take advantage of full pricing and demand.