Chelsea Stevenson
The UPS Group Trust, which manages four pensions on behalf of its US employees, is opportunistic in the real estate secondaries market, according to Greg Spick.
The Nordic direct secondaries firm already operates from its Oslo headquarters and additional offices in Stockholm and Helsinki.
European funds on average aim to raise nearly 50% more than US peers, according to PEI Research & Analytics.
CBRE's recent stake sale highlighted some new buyers popping up in the real estate secondaries arena.
The direct secondaries firm has invested in a round of funding for Onzo, a company it acquired through a staple funding transaction in 2012.
Interest in the secondaries markets may grow as more primary investors cool their concerns, according to Steve Costabile, global head of private funds at PineBridge.
There are currently 42 secondaries funds in the market, targeting an aggregate total of $30.42bn, according to PEI’s Research and Analytics division.
The Florida State Board of Administration, a frequent investor in secondaries funds, may also buy and sell LP stakes directly, according to its 2014 investment plan.
Kunal Shah talks to us about real assets secondaries, emerging markets and more.
Private equity investors have identified the continuance of consumption-led growth as the leading factor likely to drive future private equity investment in India.