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Five secondaries funds closed in Q3, compared with seven in the same quarter last year.
The process involved the firm's 2007-vintage buyout fund which was subject to an abandoned stapled deal in 2015.
One of the UK's oldest buyout firms is in early stage talks with investors about a process on its €4bn Charterhouse Capital Partners IX, Secondaries Investor has learned.
Connecticut
The close of Landmark Equity Partners XVI, which had a $4.75bn hard-cap, brings the firm's total committed capital to $27bn.
The London-listed PE fund sold Photobox and Knight Square for 103% of their carrying value and will now proceed to wind down the remainder of its portfolio.
The deal, advised by Duff & Phelps, involved three healthcare assets.
Limited partners in the firm's 2010-vintage $400m co-investment vehicle can approve an extension or sell to a secondaries buyer.
The $9bn pension wants to invest in funds that provide more adequate liquidity protections in the event of an emergency, according to CIO Jang Dong-hun (pictured).
New York City
The investment, which does not give Landmark an ownership stake, will allow Stonepeak to expand its credit business.
The firm has held the final close on Northleaf Secondary Partners II after more than one year in market.
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