Adam Le
The foundation alleges former Park Hill managing director lied about an investment relating to the restructuring of an Irving Place Capital fund.
Greenhill Cogent is running the sale process for the San Francisco-based bank.
Blackstone will commit $115 million or 2 percent of the fund’s aggregate capital commitments, whichever is smaller.
Secondaries Investor editor Adam Le describes the untapped potential of Japanese secondaries.
The final close on the Switzerland-headquartered firm’s sixth dedicated secondaries fund comes 10 months after it held a first close.
The secondaries firm is searching for two private equity associates to focus on all aspects of the deal process.
Greenhill Cogent has been hired to sell the portfolio just months after the US’ largest pension sold up to $4bn-worth of private equity and real estate stakes.
The $3bn portfolio sale was the largest-ever secondaries deal.
Adam Black joined Coller in March as Head of ESG and Sustainability.
NewQuest Capital Partners took the gong in Asia, while CalPERS and Strategic Partners clinched the top spot for Secondaries Deal of the Year in the Americas.