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.
The direct secondaries firm has made the fifth deal from Verdane IX by buying a majority stake in Propellerhead Software.
The global investment manager's initial target for Real Assets Fund III was $500m, according to a document obtained by Secondaries Investor.
The fund, which launched in March 2016, is the fifth-largest euro-denominated vehicle focusing on the strategy ever raised.
Principals have been appointed in secondaries, real assets, co-investments, credit instruments and product management.
Sister publication Private Equity International reported in November the fund had raised half its $1.8bn target.
The $100m fund can invest in any company with a link to Israel, opening up more than 1,000 potential targets in the US alone, according to the firm's founding managing partner.