Staff Writer

A year-and-a-half after the spin-out of its secondary investment team, now Newbury Partners, New York-based Auda is raising a mid-market secondary fund targeting a first close on 30 June.

The New York-based firm has closed its ninth private equity secondaries fund above its $1.25bn target.

All the investors in the company’s €52m debut fund have returned, three years after the team left Coller Capital to set up on its own.

The San Francisco-based secondaries specialist is growing its team of private equity real estate pros with a new hire and internal promotion.

The US fund of funds secondaries investor is raising fresh capital whilst completing its Macquarie fund take-private.

The Swiss alternative asset manager‘s executive chairman Alfred Gantner said 'the time is back when you’ve got to invest'.

The secondaries firm has made a senior hire in the first office of its kind in Latin America and has expanded its reach into Asia.

The alternative investment arm of banking giant Morgan Stanley has appointed Christophe Nicolas to help it to take advantage of the increase in secondary transactions in the private equity market.