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Lexington returns to market with record secondaries raise
Lexington held a final close for LCP VIII on its $10.1bn hard-cap in April 2015
BVI launches new LP law
BVI Finance outlines four key areas in which the new law will benefit investment funds
KKR launches Global Impact Fund
Fund will target investments with positive social and environmental impact globally
European PE in 2017: Scaling new heights
Buyout activity and fundraising reached a new peak in 2017, with mega-buyouts and small-cap deals fueling dealflow and French funds popular among LPs
Ardian opens Tokyo office, hires HarbourVest's Takenaka
New office is the GP's third Asian base as it looks to bolster Japanese fundraising and deal-making
Hg promotes five to partner
Batchelor is also promoted to COO while GSK's Ruter is hired as head of responsible investing
Bridgepoint acquires US-based Safety Technology Holdings
Industrial sensors and safety equipment group consists of two US companies and two European firms
LP consortium to seed six PE firms for $1bn
Reports cite research director Ashby Monk speaking to CalSTRS' investment committee
Q4 Barometer: Deal volume and aggregate value slide
Despite a boom in both dealflow and aggregate value across 2017 as a whole, the final quarter of the year saw a slowdown in activity
Inflexion, CVC funds trading above NAV, says secondaries marketplace
Inflexion's 2010-vintage buyout fund is trading at nearly a quarter above NAV, according to Palico
CalSTRS looks to widen co-investment and direct investing
US LP, worth $224.8bn, is consulting on setting up direct investment capabilities
Blackstone backed-Clarion acquires Global Sources
Group will be led by the existing Clarion management team and will operate as Clarion Events
Ropes & Gray promotes Rosen and Sanderson
Ropes & Gray worked on high profile PE transactions across all continents in 2017
KKR appoints Veyrat as senior adviser
Veyrat will work with Henry Kravis, Johannes Huth and the wider EMEA leadership team
Secondaries: all systems go following bumper 2017
Following a slump in 2016, the global volume of PE secondary transactions increased last year to reach new records
UBS hires Wursdorfer as EMEA head of private funds group
Marc Wursdorfer leaves Credit Suisse after 16 years at the bank to join UBS
Hayfin launches PE strategy
Hayfin will make primary and secondary investments in European mid-market buyout funds
Summit Partners promotes two in London office
Vice-presidents Johannes Grefe and Steffan Peyer become principals in the GP's London office
DN Capital closes GVC Fund IV on €200m
Primary focus is on the UK and Germany, with France and the Nordic region as secondary investment markets for the fund
BC holds final close on €7bn
Eight additional LPs including Pomona Capital IX and Adams Street 2017 make contributions
Clearwater promotes Eden to COO
Eden joined the business in 2014 following roles at Lloyds Bank, Close Brothers and Experian
Runa Capital launches third fund
VC firm is looking to attract existing investors and will invest a maximum of $10m per project
VCs tread cautiously around blockchain craze
VC activity in cryptocurrency has increased, but despite eye-catching deals, their volume is not as high as the wider enthusiasm would suggest
Lacera begins search for secondaries adviser
US pension fund looks to rebalance its PE portfolio by selling "dozens" of LP stakes