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Staff Writer

The secondaries specialist has joined peers AXA and Lexington on the fundraising trail as it tries to match its 2007 fundraising total.
The New York-based firm has appointed Sean Kelly Rand, formerly of boutique Bell Capital Partners and Lehman Brothers, as director to help lead its activities from the UK capital.
The US bank has put a total of $570m of investments with buyout firm CVC Capital Partners for sale on the secondaries market, reportedly including $250m of investments in two CVC Asia funds.
Tim Flower relocated to the firm’s Hong Kong office from London this month and is the firm’s first dedicated secondaries specialist in the region.
Due to launch early next year, electronic secondaries trading platform Secondcap has hired former AIM head Martin Graham as chairman.
Ian Deas, former head of US secondaries at Pantheon, will help clients of the Sydney-based firm enter the US secondaries market.
The infrastructure secondaries opportunity is still at an embryonic stage but has "developed significantly" according to a report from Partners Group, the Swiss alternative assets manager. UK social infrastructure in particular is on the radar of investors.
The listed firm, which has reported strong portfolio company growth in its interim results, looks likely to sell some ‘early secondary’ fund interests to boost liquidity.
Former AXA Private Equity executives Daniel Benin and Barthelemy de Beaupuy have formed Committed Advisors, which also recently hired two more ex-AXA professionals.
Harvard University is reportedly in advanced talks to sell underlying investments in around six US-focused real estate funds to China sovereign wealth fund, China Investment Corporation.
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