Marine Cole

For fledgling secondaries firms, raising a first-time fund can be tough, but it isn’t always necessary to do so.

Some participants at Private Equity International's April roundtable said they expect a household-name firm to undergo a GP-led deal, leading to a flood of such transactions.

Tjarko Hektor, who worked on North American secondaries at Carlyle's fund of funds until last year, has launched New 2nd Capital, focusing on GP-centred transactions.

Despite challenges posed by high valuations, transparency and cost, the California pension plan remains committed to its 10% interim target allocation to private equity.

Executives from AlpInvest Partners, Ardian, Greenhill Cogent and HarbourVest Partners highlight a few key ingredients needed for energy secondaries to really pick up.

Greenspring Secondaries Fund II is twice as large as its predecessor vehicle.

The firm has found its sweet spot in the secondaries market, focusing on large complex portfolios of fund stakes. Here’s a look at key figures for the fund of funds' 2015 activity.

With Hugh Dunkerley, who bought Fondinvest last year, facing charges of alleged securities fraud, questions hang over the future of the Paris-based fund of funds.

The Department of Justice has charged seven individuals including Hugh Dunkerley, who bought Paris-based fund of funds Fondinvest last year, with defrauding investors and a Native American tribe.

With strong pricing in the most established part of the secondaries market – the sale of LP fund interests – professionals discuss how to produce attractive returns in the sector.