At least 80% of net proceeds from the transaction will be directed toward a share buyback program aimed at generating liquidity and NAV accretion.
The partnership will also develop products for wealth investors, beginning with an evergreen private equity secondaries fund expected in the coming weeks.
We dive into the June performance, portfolio composition, and other details of the FTSE 250-listed fund, which targets investments through primaries, secondaries, and co-investments.
We dive into the performance, investments, capital flows, and portfolio makeup of the FTSE 250-listed trust.
In its latest move, the activist investor has swayed the Schroder UK Mid Cap Fund's Board to conduct a tender offer for up to 100% of the listed trust's ordinary shares.
We dive into the performance, investments, capital flows, and portfolio makeup of the FTSE 250-listed trust.
The activist investor remains dissatisfied with the listed trust's underperformance, calling for policy changes and a £500 million secondary sale.
HarbourVest Global Private Equity allocated 29% of its investments to secondaries as of February.
Institutional Link dives into the January performance, investments, and portfolio makeup of the FTSE 250-listed trust.
The buyout-focused portfolio, sold at a 6% blended discount to NAV, will generate $300 million in net proceeds.
