The US public pension has backed Stepstone Secondaries IV which is seeking more than $1bn.
Senior executives at the former emerging markets private equity firm overvalued positions and delayed markdowns to attract LP stakes purchases, a US indictment alleges.
The bank's secondaries advisory group has teamed up with its fund financing unit and has deployed as much as $3bn over the last two years.
The appointments bring the number of staff at the preferred equity specialist to 34.
The US public pension has backed a venture capital secondaries fund.
Taiwan Life Insurance joins its peer to invests in StepStone’s fourth secondaries fund.
The potential process is the latest in a string of blue chip GPs exploring secondaries processes on their funds.
The US public pension has backed Whitehorse's third private equity-focused secondaries fund.
The Canadian pension's secondaries team has been broadening its focus across structured secondaries, Latin America, growth equity and venture capital, according to its latest report.
While many credit funds wrap up cleanly, a lot don’t, and lenders are left to navigate how to deal with leftover loans and investor commitments.