Performance

Continuation funds, NAV loans, dividend recaps and other tools have muddied the waters when it comes to investors ascertaining how distributed to paid-in ratios are generated.

A well-thought-out strategy can put you first in line as the partner of choice for your favourite GPs, according to participants at PEI's latest sponsored co-investment roundtable.

The New York manager, an investor in complex and regulated sectors, said in a pension presentation it had closed and circled more than $1.7bn for Fund VI.

Albert’s departure comes as Patient Square moves through fundraising for its second private equity pool.

Sousou’s retirement comes as TowerBrook, formed in 2005, raises its sixth fund, targeting $4bn.

The assets in the process run by the firm formerly known as The Jordan Company 'do not appear to have the ability to generate outsized returns', according to adviser Aon.

As part of the process, the firm is letting go of some staff, including managing directors Helen Chiang and Loren Easton, who have moved into senior adviser roles.

Secondaries funds can deliver outperformance compared with PE buyout funds due to their diversification and asset-screening processes.

The secondaries industry is stepping up its reporting of the performance of continuation fund exits as the supply of opportunities continues to outstrip available capital.