Managers

The $53.5bn pension would like to find a way to better measure the full workforces of potential investment managers, among other concerns.

The $60bn pension has worked with the team previously when they were a part of Greenhill, and staff wants to maintain that relationship.

Summit is among several high-profile private equity firms using the secondaries market to sort out older funds in what has become an increasingly in-demand side of the market.

For GPs, teaming up with strategic buyers and tapping assets on smaller listed indices could lead to an increase in public-to-private deals over the next year, say industry practitioners.

TPG hired Michael Woolhouse in July to create and lead a secondaries platform pursuing deals in Europe and the US

The firm expects more opportunities in the post-covid market due to the greater amount of high-quality companies experiencing difficulties.

With the news last week of Dyal Capital Partners' merger with Owl Rock Capital and possible listing, PEI looks at which GP stakes firms have been on the acquisition trail.

The hard cap on Fund VII is $1.25bn, which the firm is expected to hit around the second quarter.

LPs overwhelmingly see secondaries as a valuable tool to re-focus their private equity portfolios and generate liquidity.

The $117bn pension usually commits to larger-scale managers and does not have an official emerging manager program, but says staff will consider smaller managers if they feel they will add value.