Secondaries

David Snow explains why Goldman’s huge principal investment area will remain safely in-house.

GPs under pressure to deploy capital are easy prey for asset-touting M&A bankers, writes Philip Borel.

The private equity investment firm has hired Tatsuya Kubo from Fortress Investment Group to head what will it be its second Asian office.

Several institutions have carved out - or considered creating - space for private equity for the first time, countering a retreat by struggling LPs with more experience in the asset class.

Fresh from the blockbuster exit of Pets at Home, Bridgepoint managing partner William Jackson talks to PEI about high prices, expanding the franchise and why private equity is still anything but an ‘easy business’. Toby Mitchenall reports

Bill Thompson, Walter Stackler, Pamela Wright and Fredrik Elwing have all left to join the New York-based bank. Greenhill said its expansion into the real estate capital raising business was a ‘natural step’.

Before approving the transfer of an LP interest in your fund – or buying an interest for your own account – be sure to ask these questions. By Richard Ansbacher, Kenneth Rosh and Rebecca Neuschatz Zelenka of law firm Fried Frank.

Landmark’s Fund XIV reached its goal of $1.5bn, but has not yet officially closed. The target was lowered from the fund’s initial offering of $2.4bn.

The listed firm is expected to again team with Coller Capital to spin out a portfolio, but the potential transaction would see 3i become the manager of the assets in play rather than the seller.

Julian Ashworth and Philip Millward of global law firm Walkers discuss the legal points to consider in secondary transactions.