Co-investments
LGT closes Crown Co-investment Opportunities II on $1.3bn
Closed-ended vehicle that focuses on co-investments in Europe, the US and Asia, was oversubscribed
Saga closes fund-of-funds on €600m
Vehicle was launched in March 2018 with a тЌ700m target and held a first close on тЌ170m
US pension scheme earmarks $60m for PE
The $3.1bn pension scheme is also looking to begin a search for a private equity co-investment fund
Palamon announces roll-over investment into Ober Scharrer
GP sold Ober Scharrer to Nordic last year, generating a 3.6x return on its original investment
BMO holds fourth close for co-investment fund on €95m
Fund was announced in February 2017 and is expected to hold a final close by the end of March
Polaris et al. buy Danica Pension Sverige
Consortium is led by Polaris and Acathia, and comprises Sampension and Unigestion, among others
Syz Group launches private market arm
New division will comprise a multi-manager fund and a team dedicated to co-investment
Northern Pool launches £720m PE vehicle
Pooled fund is designed to reduce fees and reliance on funds-of-funds, while boosting co-investment
Hamilton Lane asset footprint hits record high
Firm plans to keep growing its existing funds across primary, co-investment and secondary strategies
AP4 eyes sustainability-focused PE funds
Public pension fund has an appetite for co-investments in unlisted direct investments
SwanCap launches co-investment fund
SwanCap held a final close on тЌ433m for SwanCap Opportunities Fund III in February 2018
Co-investment: Dancing to a new tune
Co-investment has evolved from a value-add into an industry staple, but debate remains as to whether the strategy favours LPs and GPs equally
LP Profile: Hamilton Lane
Firm's managing directors Strang and Lei Ortiz discuss the merits of smaller relationship pools and how ESG is at the heart of its activities
European LPs hungry for more co-investment, secondaries
Demand for primary deployment was also positive, with 37% of European LPs expecting to do more
LP direct investment: straight to the source
Limited partners are striking out on their own to source their investments directly, with numeorus new strategies emerging
Morgan Stanley closes $425m co-investment fund
Fund surpasses its $350m target and will invest in firms in North America and Europe
Capital Dynamics holds $383m final close for co-invest fund
Vehicle surpasses its $350m target after holding an interim close on $200m in May 2017
Hermes raises $620m for co-investments
Firm raises $389m for third co-investment fund and $230m for sidecar and segregated mandates
BNP Paribas emerges as investor in 3i's Formel D
3i also introduced Citic Capital China Partners III as an investment partner in the deal
HarbourVest closes co-investment fund on $1.75bn hard-cap
GP increases original hard-cap for fourth co-investment offering due to LP demand
BMO PE holds €60m first close for co-investment vehicle
New fund aims for net 20% return, has a target of тЌ300m and anticipates a final close in early 2018
New LP Essling Capital spins out from Massena Partners
PE-focused entity manages €1bn across primaries, secondaries, co-investments, real estate and debt
Eaton launches direct investment team
Placement agent will work alongside GPs and management to raise capital for investments of $50m and above
Adveq closes Adveq Europe VI on €462m
GP closed Adveq Specialised Investments and Adveq Europe Co-Investments earlier in 2016