Staff Writer
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.
As Citi hands over the management for $4bn of its private equity funds to investment advisor StepStone Group, Citi Infrastructure Investors, the investment bank’s captive infra investment arm, will remain on the firm’s books.
Secondaries specialist Coller Capital has acquired a majority stake in a portfolio of 40 Bank of Scotland Integrated Finance assets from owner Lloyds Banking Group.
The Swiss fund of funds manager has raised $1.2bn for its latest secondaries fund.
San Francisco-based secondaries specialist Liquid Realty Partners has hired former Morgan Stanley dealmaker Mark Degner as managing director of acquisitions, to replace former CIO Jeff Giller.
Fresh from a €517m fund close, Partners Group sees ‘highly attractive' opportunities for direct investments, such as its recent injection £20m in dental chain Oasis.