Landmark Partners Shelves Hybrid Fund
UPDATE: The story has been updated to include comment from the firm. Landmark Partners has shelved fundraising efforts for its new hybrid secondaries fund, a source close to the situation said. The Simsbury, Conn.-based secondaries firm launched Hybrid Secondary Fund LP earlier this year to invest in private equity funds which are less than 50% funded. The fund had a $400 million target. Merrill Lynch acted as its placement agent.
25 August 2009•2 mins read
