Fund Finance

The London-based secondaries buyer is targeting $585m for Keyhaven Secondaries Fund III, Secondaries Investor reported in November last year.

The hires bring the total number of languages spoken by employees at the European mid-market secondaries firm to 21.

If you’re a GP trying to figure out how to hold onto prized assets for longer, chances are you’ve had a call with Evercore’s Nigel Dawn.

"Fund managers are becoming increasingly sophisticated users of GP capital, whether it's preferred equity or debt," said Tom Glover, BC Partners operating advisor.

Crestline has hired a director of business development in its fund solutions team, as the firm looks to expand its client base.

The private equity stalwart has appointed former Investec fund financing veteran Tom Glover to help grow a GP and NAV-based lending strategy.

Dave Philipp has been with the firm since 2013.

Subscription finance is busier than ever, prices are rising and competition among lenders is on the rise despite the pandemic.

Flashpoint Secondary Fund is anchored by the Scheinberg family office, which represents the founders and former owners of online gaming website Pokerstars.

Capital-raising for secondaries vehicles last year grew almost threefold, with Ardian, Lexington Partners and Goldman Sachs leading the charge.