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separate accounts

The pension plan’s strategy to reduce GP relationships to a core group has not delivered the benefits it expected.
The firm is seeking to increase the number of multi-decade strategic partnerships to assist future fundraising cycles across asset classes.
There are many reasons why investors choose to set up separate accounts; performance may not be one of them.
The San Francisco-based fund of funds manager will invest the bulk of capital in Asia-focused funds, while maintaining capital to make co-investments or secondaries transactions.
The firm will create SMAs to invest alongside capital from its balance sheet.
The three dedicated fund of funds will invest 80% of equity into unlisted French companies.
The global investment firm’s haul includes €3bn for its flagship fund as well as separately managed accounts.
Demand for subscription credit lines is now being driven by the needs of separate accounts, say Jeff Johnston and Mike Mascia of the Fund Finance Association.
The investment firm has hired a former AllianceBernstein and AXA executive as partner to lead efforts in the DACH region.
The newly listed asset manager has pooled capital from nine Finnish LPs to invest in secondaries and large US and European buyout funds over a two-year period.

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