Marine Cole

Wish you could have been a fly on the wall during a heavy-hitting roundtable discussion among secondaries market thought-leaders? Here’s your chance.

See which candidate sister publication Private Equity International's readers chose as best for the private equity industry.

Former Park Hill and Coller executive Andrew Caspersen allegedly created a fake credit facility to support a real stapled secondaries transaction, according to the US Department of Justice’s complaint.

Andrew Caspersen, who focused on advising secondaries transactions, including GP-led restructurings, allegedly tried to defraud two institutional investors of more than $95m.

The Carlyle Group’s investment solutions group, now comprising AlpInvest and Metropolitan Real Estate, will focus mainly on secondaries, co-investments and managed accounts.

SEC Chair Mary Jo White outlined some of the issues with direct secondaries in a keynote session at the Annual Securities Regulation Institute meeting in January.

The real estate fund of funds manager raised $550m for its Metropolitan Real Estate Partners Secondaries & Co-Investments Program, which had an initial target of $450m.

The New York-based investment bank hired Shawn Schestag from Credit Suisse to focus on secondaries and co-investments.

The SEC’s Igor Rozenblit explained last week at a PEI event in New York why some end-of-life situations can create conflicts of interest, particularly regarding fees and expenses.

The total amount of dry powder for secondaries amounted to $65bn at the end of 2015, with the bulk of the growth in private equity, according to Evercore.