First Eastern and Blackstone have taken advantage of an onshore fund pilot programme in Shanghai, as China's big cities jockey to become the country's private equity centre.
An SEC proposal could cut off roughly 35% percent of capital raised by placement agents, according to a veteran fundraiser.
The superannuation fund has made its first foray into secondaries with a commitment to Partners Group Secondary Fund 2008, which is targeting €2.5bn.
The listed fund of funds surpassed its target, selling shares at or above its current stock price.
Barry Sternlicht shows full confidence ahead of first-day trading of REIT Starwood Property Trust as the firm raises its target fundraise from $500m to $800m.
The 41-year-old private equity firm beat the $3.5bn target for its latest fund. Its reduction of carry to 20% from 25% is not the only reason it resonated with LPs, managing director Brian Conway told PEO.
The Hong Kong-headquartered firm will invest the fund across Central and Eastern Europe, Central Asia and Turkey.
Two senior professionals have departed the firm in the span of two weeks, amid a turbulent period for the placement industry.
The Swiss alternatives firm has gathered more than a third of the $750m target for its latest global secondaries fund.
The New York-based alternative investment firm revealed it has closed on a deal to buy 1,200 home loans from Lehman Brothers’ Asia subsidiaries for its first ever Asia-focused fund.