Chelsea Stevenson
.jpg "Lexington buys Carlyle Asia, PAI fund stakes")
The secondaries firm has acquired the fund interests from Japan-based Mizuho
PSERS has sold 17 LP interests in an effort to reduce its exposure to private equity
Jonathan Ma left Dunedin in October and transferred his portion of carried interest in Dunedin Funds II and III
Catherine Keating is expected to replace Verne Sedlacek in February 2015
Commitments include $50m from the New Hampshire Retirement System and $40m from the New Mexico Educational Retirement Board
Three superannuation funds have sold their interests in the firm's €4.25 billion EQT V
The fund will invest globally, including in emerging markets, and is targeting $500m
Several secondaries firms met fundraising targets in the second quarter.
The New York-based lower mid-market firm raised its largest fund to date and reached its target.
Former TIAA-CREF president Scott Evans will replace Lawrence Schloss.