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The acquisition by the Paris-based investment bank will allow Secondcap to expand internationally.

Some of the best emerging markets secondary opportunities can be found in Asia.

The closed-end fund targets high net worth investors and invests predominantly in funds sponsored by The Carlyle Group.

Although the secondaries market provides a much needed liquidity source to the private equity industry, GPs and LPs agree it’s still not enough, according to a new SEI survey.

The fund, which targets high net worth individuals, bought stakes in Carlyle Asia Growth Partners III and Carlyle/Riverstone Global Energy and Power Fund II on the secondaries market. It also expanded its exposure to other funds, including Carlyle Partners V, which owns Axalta Coating Systems.

Fund of funds firm Mantra expects to close its latest fund in the next four weeks after 10 months of fundraising. The firm focuses on niche and listed private equity strategies in sectors including oil and gas, mining, litigation funding, intellectual property and agribusiness.

Almost 80% of LPs have taken part in one or more PE fund restructurings since the global financial crisis.

Investors buying a preferred equity position in funds with a structured investment approcach can more easily decrease risk compared to investors in traditional secondary funds, according to a study conducted by 17Capital and PERACS.

The California Public Employees’ Retirement System plans to cut its relationships with external private equity managers from 100 to 30, according to Ted Eliopoulos, chief investment officer of the $300bn pension fund.

LPs have a more positive view of private equity in the Asia-Pacific region and plan to be active buyers and sellers in the secondaries market within the next two years, according to a new report by Coller Capital.