Joe Marsh

Stonehage Fleming and GreenBear Group want to see ageing funds wound up as quickly as possible to avoid issues such as questions around valuations.

The appointment is part of a wider multi-asset expansion that includes TPG NewQuest's first Japan-based secondaries executive.

The local government pension pool, with an asset portfolio set to expand to £110bn, has completed its alternatives leadership team.

Takeshi Tsubota led Japan fundraising for the $908bn private markets manager since 2023.

Aoife Prendiville is moving on after some nine years with the Asian insurer, which has a $333bn asset portfolio.

The €27bn retirement fund is more relaxed about investments in private equity than infrastructure in the US, says head of private capital and real assets Jeppe Starup.

Several senior executives have left the UK life insurer ahead of its imminent rebranding as Standard Life, affiliate title Private Debt Investor has learned.

Executing allocation changes to unlisted assets is neither simple nor fast.

The pair will eye 'additional areas of collaboration' amid the insurer's plans to raise its alternatives exposure.

European governments have sharply ramped up defence budgets this year, leading to LPs and GPs alike undergoing a mass sentiment shift in favour of the sector.