SMAs

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.

The recruitment comes in response to an increase in the firm’s European client base over the past year.

Olivier Decannière, the French secondaries giant's UK head, tells sister title Secondaries Investor why its clients want to move past the 'old story' of private equity.

The US pension is proposing to get into Fund VII through a $10m secondaries transaction and to open an account to invest 'across the platform'.

The latest monthly report from the largest US pension fund shows its commitment to two private equity funds totalling almost $1bn, while it decided to forego committing to a KKR vehicle.

London-headquartered Altius will be combined with LP Capital Advisers and rebranded Pavilion Alternatives Group.

The growth equity firm is in agreement to buy a majority stake in commodities reporting agency Argus, ending the founder family’s decades-long involvement.

The firm has added former Triton, First Reserve and Doughty Hanson deal makers to its bench.