Isobel Markham
The secondaries market is where big changes in private equity will occur, says Hamilton Lane’s long-time chief executive.
Limited partners who have piled into the asset class in recent years could be left severely overweighted in private equity unless public markets see a significant recovery.
The firm will need LP approval to continue investing from the vehicle, which has thus far collected $2.75bn against a target of up to $12bn.
The alternatives veteran was terminated for failing to disclose a workplace relationship, according to internal memos.
The LP body’s latest best practice guidance recognises the growing role of GP-led secondaries.
The HarbourVest Partners senior advisor will be the first man to lead the advocacy group, which seeks to increase the number of women in senior investment roles in private equity.
The firm's Strategic Partners secondaries unit is seeking $8bn for Fund VIII, as Secondaries Investor reported in May.
Why private equity firms should be actively engaged with the SEC over the next six weeks.
The US's largest public pension, which has launched a search for potential partners, expects to grow its secondaries and SMAs participation by 'material amounts.'
We round up the key takeaways from sister publication Private Equity International's coverage of fund finance, such as that these lines arguably make the most sense for secondaries.