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Lexington Partners, Adams Street and StepStone were part of a consortium that acquired five assets off Eurazeo's balance sheet which were used to seed the €700m Eurazeo Capital IV buyout fund.
explosion
The growth in dealflow outweighs the money being raised for the strategy, Mario Giannini told investors on the firm's latest earnings call.
The market is too competitive and those who bought stakes after the global financial crisis look like 'super smart money' now, the $65bn fund's director of investments Stephen Moseley tells Secondaries Investor.
Misaligned incentives, a lack of information and tight timeframes are the chief concerns of LPs, a majority of which have encountered a GP-led process.
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.
Senior investment officer Jonathan Popielarski discusses why the US pension wants to acquire stakes on the secondaries market and what it is looking to buy.
Sean Gallary, who left The Carlyle Group unit last year, has launched Stonyrock Partners with a former BAAM managing director.
New status is expected to widen the range of US and foreign owners of Blackstone’s stock.
Aerial view of supported hands out together
Running a fund restructuring can be virgin territory for GPs; ILPA’s latest guidelines will be as helpful to them as it will to its members.
directions, guidance
The Institutional Limited Partners Association's guidance defines status quo options, minimum timeframes for LP decisions and recommends caps on deal expenses.
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