Secondaries
Pricing secondaries: complex process or pure guesswork?
Pricing secondaries
Uniqa to sell $665m private equity portfolio
Austrian insurance company Uniqa Versicherungen is planning to offload $665m of private equity positions ahead of Solvency II.
A vintage year for the secondaries market
Secondaries
Duke Street hunts for new backers ahead of fresh fundraising
Duke Street Capital is looking for new backers to replace existing investors in its funds ahead of a fresh fundraising attempt, according to reports.
LP interview: The secondaries saga
Founded in 1991, London-based Paul Capital has decades of experience in secondaries and fund-of-funds investments. unquote" talks to secondaries specialist and partner Elaine Small about the drivers behind the market's unprecedented growth.
Electra Partners buys two more secondaries stakes
Electra Partners has announced the acquisition of two further stakes in private equity funds for an extra £22m investment.
Coller names Jones as CEO
Secondaries specialist Coller Capital has named extant deputy CIO Tim Jones as CEO, a new role for the firm. Founder Jeremy Coller becomes executive chairman and will remain CIO.
LP interview: Secondaries come first
LP interview: Idinvest
Orix Corporation looking to buy Robeco
Japanese financial services firm Orix has confirmed that it is considering buying the asset management arm of Rabobank for up to €2bn.
Electra in £56m secondaries deal
Electra Partners has acquired stakes in five private equity funds from an unnamed bank for £56m.
German Unicredit unit considers sale of PE stakes
HypoVereinsbank, the German unit of Italian bank Unicredit, is reportedly considering the sale of its private equity fund stakes in a stapled secondary transaction.
Groupama edges closer to PE arm disposal
French insurer Groupama has sold an 82% stake in the two funds managed by its private equity arm Acto Capital.
Video: Coller Capital's Giovanni Orsi
Coller Capital principal Giovanni Orsi talks to unquote" editor-in-chief Kimberly Romaine about the growth of the secondaries market.
KBC sells majority of PE portfolio to KeBeK
KBC Private Equity has sold a large part of its portfolio to KeBeK I, a new fund managed by four former KBC employees, including CEO Floris Vansina.
Electra buys debt portfolio for £30m
Electra Partners has acquired a portfolio of mezzanine debt and second lien debt in five UK and European companies for £30m.
Lloyds sells £1bn private equity portfolio to Coller
Lloyds Banking Group has agreed to sell a portfolio of private equity investments worth £1.05bn to Coller Capital.
China to buy LP interests from GM pension plan
The Chinese government has agreed to buy stakes in a string of private equity funds, including vehicles managed by The Carlyle Group, The Blackstone Group and CVC Capital Partners, from General Motors’ (GM) pension plan.
Sponsored video: Secondcap's François Gamblin on the secondaries market
Video: Secondcap's François Gamblin
AXA PE continues secondaries spree with OMERS portfolio purchase
AXA Private Equity has acquired a portfolio of 11 private equity fund investments and related unfunded commitments from OMERS Private Equity.
Lloyds to sell fund stakes totalling €1bn
Lloyds Banking Group has hired Campbell Lutyens to sell around €1bn worth of stakes in private equity funds, according to reports.
AG Insurance buys into Gimv fund in €65m secondaries deal
AG Insurance has acquired part of the commitment of Vlaamse Participatiemaatschappij (VPM) in the Gimv-XL fund – a deal worth €65m.
European secondaries boom unlikely to end soon
Secondaries boom unlikely to end soon
LDC buys Ocean Outdoor from Smedvig
LDC has completed the £35m buyout of UK digital advertising firm Ocean Outdoor from Smedvig Capital.