The US bank has put a total of $570m of investments with buyout firm CVC Capital Partners for sale on the secondaries market, reportedly including $250m of investments in two CVC Asia funds.
Tim Flower relocated to the firm’s Hong Kong office from London this month and is the firm’s first dedicated secondaries specialist in the region.
Due to launch early next year, electronic secondaries trading platform Secondcap has hired former AIM head Martin Graham as chairman.
The secondaries firm will carefully select opportunities in the market, which has seen increasing volume, says Newbury director Justin Pollack.
Ian Deas, former head of US secondaries at Pantheon, will help clients of the Sydney-based firm enter the US secondaries market.
Amazon’s expected €70m purchase of the members-only shopping website will benefit firms including Cipio and Kennet Partners.
The $3bn fundraising total includes a $300m separate account with the Ohio Public Employees’ Retirement System.
The acquisition of a firm led by former Pomona and Hamilton Lane executives is the latest franchise expansion from the increasingly competitive San Diego-based private equity advisory firm.
The $14.2bn pension has committed to Lexington's seventh secondaries fund and Panda Energy's infrastructure fund in recent months.
Matthieu Ducharme has joined the nascent London Private Equity Futures and Options Exchange.