LP Sales

Partners Group acquired stakes in two Asian and three European-focused opportunistic vehicles from the $20bn sovereign wealth fund.

The private equity portfolio sale by the US' largest public pension has attracted 'a ton of bids' from a broad range of potential buyers, Secondaries Investor has learned.

The pension, which is planning to commit $1.5bn to private equity this year, will not re-up into some funds.

The NZ$29.6bn fund has sold a total of five alternative fund interests since 2014 in a bid to have a more concentrated, active investment portfolio.

Nigel Gormly, head of international direct investment at the $19bn superannuation fund, tells Secondaries Investor why the institution is reducing its real estate investments.

The London tail-end specialist has picked up stakes in a 2004-vintage fund managed by the most in-demand European mid-market LBO firm.

The French fund of funds sold on part of USS's €150m commitment in a European buyout fund to at least four parties.

Greenhill Cogent has been hired to sell the portfolio just months after the US' largest pension sold up to $4bn-worth of private equity and real estate stakes.

The global investment firm has bought the Finnish pension fund’s €20m commitment to Synergo's Italian Private Equity Fund IV.

Australia's $85bn sovereign wealth fund brought the stakes to market in the second half of last year in a process run by Setter Capital.