Secondaries market leverage use is facing its first real test. Whether it passes will have implications for the future health and reputation of the industry.
Details of the firm's fundraise were revealed in an earnings call for parent company Voya Financial this week.
The Asian secondaries specialist is targeting $300m to invest out of offices in Hong Kong, Shanghai and Mumbai.
On an earnings call on Wednesday, co-president and co-chief operating officer Scott Nuttall said the private equity giant has periodically considered adding a secondaries strategy.
In the first of a series on the implications of leverage use by secondaries funds in a downturn, we look at fund-level facilities.
Dan Nolan of Duff & Phelps discusses how technology adopted from hedge funds can be used to contain the damage of the crisis.
APG, Ardian, Strategic Partners and 17Capital are among the firms represented on sister publication PEI's list of the most impressive figures under 40.
Funds managed by AlpInvest Partners accounted for nearly 60% of capital raised firm-wide in Q1.
The London-based director was described as 'very on the ball' by a competitor buyer in last year's ranking of the most impressive professionals under 36.
The Swiss firm acquires small commitment fund interests in high-quality private capital managers.