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Sentiment dampened slightly in 2019, with cost concerns around GP-led deals a sticking point, according to PEI's LP Perspectives survey.
The New York attorney-general's 229 paragraph lawsuit against NYPPEX chief Laurence Allen lays out what the AG says was a decade-long fraud.
funds
As AlpInvest Partners seeks $8bn for its latest secondaries programme, we look at the Carlyle Group subsidiary's performance so far.
NYPPEX
The lawyer hired to defend NYPPEX CEO Laurence Allen plans to try to get the New York state attorney-general's plea for an injunction and a receiver for relevant assets thrown out.
Staff at the California pension want freedom to make more investments without board approval, and they may get their wish next month.
capvis
Almost one fifth of LPs cite liquidity requirements as a motivation for selling fund stakes – a seven-year high – according to research by Montana Capital Partners.
Secondaries funds raised over the last five years used 19% of committed capital for repeat purchases, according to the advisor and placement agent.
Growth investing
Even secondaries firms need to understand how their holdings might look in 10 years' time, said ESG & sustainability head Adam Black.
The Palacio de Comunicaciones at Plaza Cibeles, Madrid
Balboa Ventures is planning to raise up to €150m to invest in early stage VC on a primary and secondary basis.
wallet full of money
Schroder GAIA II Specialist Private Equity Fund, which will invest in primaries, secondaries and co-investments, accepts investors with a minimum of $50,000.
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