Adam Le
The Hong Kong-headquartered secondaries firm begins operations at its new Shanghai office.
Private equity firm Blackstreet had allegedly bought stakes in its own funds and then waived its own capital calls.
Stephen Marquardt joins the secondaries firm as it invests its $7.2 billion Coller International Partners VII fund.
There are a lot of institutions out there that are looking to re-orientate their portfolio, according to QIC principal Phillip Cummins.
The size of the portfolio sale is larger than previously thought.
Draper Fisher Jurvetson ran a limited auction process with a few potential buyers.
Sao Paulo-based GP Investments intends to use its expertise in Latin America and abroad to turn Spice into a dedicated co-investment vehicle.
The advisory firm plans to staff its new office with up to four professionals who will focus on all aspects of the business including secondaries.
The financial group now has over 20 professionals around the world who focus on secondaries within its private funds group.
The Indian financial services firm has sold its majority interest in the private equity and real estate secondaries firm back to management.