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New rule proposals on succession planning and fiduciary duties are in the works, SEC chair Mary Jo White revealed.

Chilean asset manager Moneda has transferred a portion of its stake in a Carlyle European buyout fund amid rising investment from Latin American LPs.

Realisations were driven in part by secondaries, which also fueled growth of the firm's investment portfolio.

A secondaries sale would allow the $79bn pension fund to remove a connection with controversial payday lender ACE Cash Express.

Now owned by two executives who worked together at a US financial services firm, Paris-based Fondinvest is raising its fifth secondaries fund.

The Tokyo-based private equity firm is nearing the 30bn yen hard-cap for its latest secondaries programme, according to a managing partner at the firm.

Many companies in Asia are still run by first-generation families and investors may find it easier to exit through direct secondaries deals, according to a Hong Kong firm.

The firm purchased the interest through two of its most recent funds.

The secondaries powerhouse is looking to recruit a senior associate in its London office to focus on all aspects of the secondaries deal process.

The secondaries fund targeting retail investors is about $51m in size, including $11m invested in Insight Venture Partners’ funds.