Secondaries
LGT closes secondaries fund on €1.2bn
LGT Capital Partners has reached final close for its Crown Global Secondaries II plc fund, on $1.2bn.
Partners Group Global Value 2008 closes on €537m
Partners Group has closed Partners Group Global Value 2008 on €537m, exceeding the target of €500m.
USS acquires $135m interest in NB secondaries fund
The Universities Superannuation Scheme (USS) has acquired a $135m interest in the Neuberger Berman (NB) Secondary Opportunities Fund II from the Lehman Brothers Estate.
Lexington Partners holds interim closing on $3bn
Secondaries specialist Lexington Partners has held an interim closing of its seventh fund, Lexington Capital Partners VII, on just over $3.1bn.
Mutua Madrileña suscribes €16m to Altamar fund
Spanish insurance firm Mutua Madrileña has committed €16m to Altamar Secondary Opportunities, taking a 25% stake in the €65m secondaries fund.
Q&A: Hungry for secondaries
The secondaries team of NorgesInvestor is aggressively chasing opportunities in the Nordic region. Rikke Eckhoff asks partner Dylan Wolff how he sees the secondaries market.
Q&A: Secondary chances
Hanspeter Bader, head of private equity at Unigestion, talks with Mareen Goebel about the secondaries space and current issues with fundraising
The secondaries market
Unquote's Kimberly Romaine takes a closer look at the secondaries market with managing director of Campbell Lutyens, Andrew Sealey
smac partners acquires ICT-portfolio from iD TechVentures
Munich-based venture firm smac partners and Headway Capital have acquired a tail-end portfolio from iD TechVentures Ltd. The equity was drawn from smac partners Fund III, with Headway providing backing.
EUROPE - Still scope for secondaries?
Could the vast amounts of secondary funds raised recently and the limited deal completion lead to a capital overhang in the coming years? Francois Rowell asks Sergio Jovele of Partners Group, which yesterday announced the closing of its latest secondaries-focused...
GLOBAL - LGT Capital holds $268m first close of secondaries fund
LGT Capital Partners has held a first close of its global secondary fund, Crown Global Secondaries II (CGS II), on $268m.
GLOBAL - Pomona Capital surpasses $1bn target for secondaries fund
Global private equity firm Pomona Capital has held a final close of its seventh secondaries fund, Pomona Capital VII, at $1.3bn, surpassing its original $1bn target.
EUROPE - Cipio holds first close of Fund VI on EUR 61m
Secondary direct player Cipio Partners has held a first closing of Cipio Partners Fund VI on EUR 61m, targeting EUR 200m.
NORWAY - Verdane holds first close of new fund on SEK 650m
Secondaries direct specialist Verdane Capital has held a first closing of its seventh fund on around SEK 650m (approximately EUR 63m). The fund's target size is SEK 1-1.5bn.
GLOBAL - HarbourVest closes secondary fund on $2.9bn
HarbourVest Partners has held a final close of Dover Street VII LP, a global secondary fund, on $2.9bn.
GLOBAL - Goldman raises $5.5bn secondaries fund
Goldman Sachs has reportedly closed its new secondaries fund, GS Vintage Fund V, on $5.5bn - ahead of its $5bn target.
UK - Vision Capital closes seventh fund on EUR 680m
Direct secondaries specialist Vision Capital has closed Vision Capital Partners VII an EUR 680m.
EUROPE - smac partners closes new secondaries fund
Munich-based venture capital firm smac partners has closed its new secondaries vehicle, smac partners fund III, which will be advised by UK-based Headway Capital Partners.