Rod James
Rod James is a reporter with Secondaries Investor and also contributes to sister title PrivateEquityInternational.com. He is based in the London office. Prior to PEI, his roles included a stint as a freelancer covering fintech and transaction banking, CEEMEA capital markets reporter with EMEA Finance magazine, and editor of the Latin American political and economic risk team at IHS Global Insight.
At least four dedicated vehicles are targeting a combined $5.5bn for deals in the asset class, according to PERE data.
The figure from the investment bank's secondaries advisory unit is slightly down year-on-year.
Fund committed $326m in capital during 2016 compared with $629.7m the year before.
The secondaries firm's previous funds have attracted commitments from investors including Australian superannuation funds and Dutch pensions.
The London-listed investment company saw investment in the strategy rise from £7m to £17m.
Bob Alderman will focus on US advisory firms and brokers at Pomona Capital's secondaries-focused vehicle for high-net-worth retail investors.
The Nordic direct secondaries specialist's acquisition of Lingit is its sixth deal from Verdane Capital IX.
The global investment firm's 1991 and 1996-vintage Dover Street funds are its best performing secondaries vehicles, according to a document obtained by Secondaries Investor.
The number of dedicated funds and the aggregate amount of capital they are seeking remains little changed compared with a year ago, according to PEI data.
The fund of funds manager invested around €200m in secondaries and co-investments last year, according to a statement obtained exclusively by sister publication Private Equity International.