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The VC fund of funds has hired Goldman Sachs and Bain Capital professionals as it prepares to start investing its latest secondaries fund.

The Institutional Limited Partners Association reiterated its stance after Republican presidential nominee Donald Trump said he would raise tax on carried interest.

The US' largest public pension has brought almost $10bn in private equity and real estate fund stakes to market since 2007 and shows no signs of slowing.

This will be the eighth global office for the Canadian pension giant, which bought a $1bn portfolio of private equity fund stakes from Australia's sovereign wealth fund at the beginning of the year.

If a fund’s main investor base is in the UK, products may be re-domiciled to the UK and become unavailable to European investors, according to MUFG Investor Services' COO.

The secondaries firm has made a number of recent hires including former Deutsche Bank, StepStone and JPMorgan professionals.

The firm manages two other real estate-focused funds, the $250m Clairvue Capital Partners I and $120m Clairvue Capital Partners II.

The US' largest public pension disposed of 46 fund interests with 24 managers and made $450m in proceeds during the period, according to a consultant's report.

All investors in the smaller-end secondaries firm's debut fund re-upped in its latest vehicle, Traveller Capital's founder and managing member told Secondaries Investor.

The global investment firm's infrastructure and real assets group will provide primary and secondaries fund advice.