North America

Study: Pressure builds for China secondaries sales(2)

A continuing slump in Chinese company IPOs may boost RMB direct secondaries transactions, according to a study, but questions surrounding asset quality remain.

Atlantic-Pacific hires Credit Suisse managing director(2)

Atlantic-Pacific Capital has added Brian Wade as a partner to work with institutional investors in the mid-Atlantic and Southeast United States.

Connecticut commits to Palladium(2)

The $24bn retirement system also recently committed to Court Square Capital Partners, TPG Credit and Clearlake Capital.

OceanBridge expands with London office(2)

Founded by ex-Permira partners Philippe Robert and Martin Clarke and ex-Blackstone partner Michael Dugan, the non-traditional firm has also hired two partners.

China’s mobile internet ripe for PE(2)

As China’s Innovation Works begins investing Fund II, it will have less emphasis on the maturing mobile internet and more on startups targeting SME productivity, an emerging sector.

LGT reaches $2bn hard-cap(2)

The asset manager raised $500m more than its original target.

CPPIB grows private equity and debt holdings(2)

The Canadian pension increased the size of its private equity portfolio for the 13th time in the past 14 quarters and now has about 17% of its $173bn total assets invested in private equity.

Equistone books 2.5x return on Hydrasun(2)

The oil and gas sector exit to Investcorp comes shortly after the close of Equistone's first independent fund.

DB Private Equity closes $614m secondary fund(2)

Unlike its predecessor fund, DB Secondary Opportunities Fund II targeted US investors, which make up 40% of the fund commitments.

Five Minutes With Susanne Forsingdal(2)

ATP Private Equity Partners has been watching Asia for several years and sees a market that is finally maturing as certain teams show stability and strong track records.