Madeleine Farman
LGT Capital Partners' latest vehicle launched in 2022 and had collected $4.38bn as of January.
The CV process places Advent among a group of PE powerhouses that are exploring similar processes for their software companies.
The niche secondaries firm opted to stick to a tight timeline given difficult fundraising conditions in order to focus on deployment, according to partner Stephane Chevrier.
Coller is raising its latest flagship, Fund IX, for which it is targeting $10bn and eyeing a Q1 2025 final close.
The assets in the process run by the firm formerly known as The Jordan Company 'do not appear to have the ability to generate outsized returns', according to adviser Aon.
While there is certainly a host of alignment issues LPs would like to see resolved, a number of investors have adjusted their policies to invest in continuation vehicles.
The listed alternatives firm is ‘progressing’ on the launch of both a private equity and a secondaries semi-liquid fund next year.
Focusing down into specific areas of both private markets and the secondaries market is fuelling further capital raising, as well as the rise of evergreen vehicles, we discuss in the latest Second Thoughts podcast.
Providence agreed to sell part of its stake in the group to listed investment firm Wendel in July.
Verbrugghe spent more than 25 years at Ardian and held a number of leadership positions, including head of Ardian USA and member of the firm's executive committee.