Partners Group Private Equity Fund capped the requests at 5% of NAV, repurchasing ~$760 million of the shares through promissory notes.
The $15 billion Partners Group Private Equity Fund accepted approximately one-third of the $2.2 billion in Q3 repurchase requests, with payments made in the form of promissory notes.
The new Class A shares will carry a 3.5% maximum upfront sales charge and a $25,000 minimum investment.
We dive into FLEX, outlining the performance, portfolio composition, and other details of the secondaries-focused tender offer fund, leveraging EvergreenLink Data.
We highlight key aspects of the newly registered tender-offer fund, which will target both LP-led and GP-led secondaries.
As of March, secondaries accounted for 48.2% of the tender offer fund's portfolio, according to EvergreenLink Data.
One of which, Hamilton Lane Private Secondary Fund, raised its investment capacity by $500 million and saw its NAV climb 1.6x QoQ to $409 million as of March.
The $185 billion manager expects repurchase requests in a Delaware-domiciled private equity evergreen vehicle to reach approximately 6% of NAV.
The manager is considering legal action after a "frivolous, defamatory, and highly misleading" report targeting its evergreen platform was published by the short-selling hedge fund.
We dive into the evergreen fund's Q4 activity, which saw 61 of its 67 investments made in *checks notes* public markets.
