Hannah Zhang

The $88bn pension system is 'exercising a degree of caution' in the US, according to head of global PE Lori Hall-Kimm.

The transactional nature of semi-liquid fund structures can place a lower importance on relationship building between investors and their managers, says Nicole Musicco.

LPs are showing greater hesitancy when it comes to adopting AI compared with GPs, with a desire on seeing the technology’s use cases before jumping on board.

Despite a couple of pulled-transaction anomalies, secondaries sales are still seen as a powerful tool for rebalancing portfolios.

LP-led deals accounted for $40bn of the $68bn of global secondaries volume seen in H1 2024 as bid-ask spreads narrowed.

About 20% of Industry Ventures Partnership Holding VII will be dedicated to purchasing LP stakes in venture funds, says senior managing director Roland Reynolds.

Collective Global says it plans to invest in 15-20 venture managers in the US and Europe and has already agreed to acquire a stake in a "leading venture firm that invests in market-defining companies across technology and artificial intelligence."