GP-Leds

PJT Partners, the parent company of Park Hill Group that had employed Andrew Caspersen, who allegedly defrauded investors, will receive almost $6m back from insurance.

Recent high pricing has encouraged the world's largest asset manager to be a seller on the secondaries market, according to managing director Johnathan Seeg.

The US Securities and Exchange Commission’s Igor Rozenblit called out the complexity of the fund restructuring industry for allowing Andrew Caspersen’s alleged fraud.

The energy investment specialist has hired Lazard to run a restructuring process on its 2006 fund and raise fresh capital for its 2008 vehicle.

UBS has been hired to run a process which will move the fund's sole remaining asset into a new vehicle with new terms, Secondaries Investor has learned.

Former Park Hill and Coller executive Andrew Caspersen allegedly created a fake credit facility to support a real stapled secondaries transaction, according to the US Department of Justice’s complaint.

When conceived and executed the right way, GP solutions transactions can create a win for all parties. Greenhill Cogent's Brian Mooney and David Eberstein identify some key components of a successful GP solution.

Carlyle Partners IV, which closed in 2005 on $7.85bn, has received investor approval for a 2-year extension to exit two remaining portfolio companies.

Tail-end opportunities, the beauty of volatility and the proliferation of GP-led transactions were among the topics broached at an industry event in London this week.

Kate Ashton, a corporate partner at law firm Debevoise & Plimpton who counsels private equity and other investment funds, recently sat down with Secondaries Investor for a Q&A on fund restructurings.