Adam Le
European firms gained ground over their North American counterparts this year with 14 managers collecting $207bn.
Global firms want to increase their allocations to private equity more than any other asset class.
A lack of industry standards makes measuring the size of secondaries deals tricky in a fast-evolving market.
The close of the deal comes six weeks after sister title Secondaries Investor reported the transaction was set to become the largest-ever GP-led restructuring.
Travails at the emerging markets private equity firm may present a buying opportunity, but it may be too big a stretch for most secondaries buyers.
The Nordic firm's Edda fund shows LPs are willing to back new propositions from GPs that can demonstrate an ability to deploy capital in a challenging environment.
Megan Bethke, a former AlpInvest Partners executive, will join Mousse Partners in April, Private Equity International has learned.
The UK referendum has had an impact on the investment firm's business, according to Marco De Benedetti, co-head of European buyout.
Managing partner Sev Vettivetpillai, a global investment committee member, will leave the private equity firm at the end of April.
The firm, which is undergoing a strategic review, plans to hold the annual meetings of its funds on a regional basis, Private Equity International has learned.