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Hong Kong-based NewQuest Partners is seeing a more robust pipeline build up in Asia’s direct secondaries market, particularly in 2004- to 2007-vintage funds.
Richard Grindrod and Nicholas Richards (pictured) joined Hollyport in January as associates on the investment team.
Cincinnati-based Fort Washington Capital Partners has closed its third private equity opportunities fund on $150 million.
Hollyport has purchased a portfolio of private equity fund stakes, including Equistone Partners Europe Fund I.
Madrid-based fund of funds manager Altamar has invested in nine secondaries transactions using its €150m Altamar Secondary Opportunities VII.
Portfolio Advisors has bought into Milestone Capital's EAC Fund III, which generated a 2.2x return on its investment in textile care services company 5àSec.
Median funds generate limited value after year 9, but lower tier funds generate more value during the back-end of their life, according to Pantheon.
The Andrew Hawkins-led firm now comprises ICG's secondaries team, whose first deal was for a substantial portfolio of private equity assets from US mid-market fund Diamond Castle IV.
Doughty Hanson III is a 1998-vintage fund that still owns turbine manufacturer LM Wind Power.
The Swiss direct secondaries firm is led by partners Felix Ackermann (pictured) and Michel Galeazzi.