The firm plans to adjust the fee structure in its flagship secondaries funds to better align with prevailing market practices.
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 increase was driven by continued strength in the firm's evergreen strategies, notably in AlpInvest and asset-backed finance, according to CFO Justin Plouffe.
The firm's lower fees in its flagship secondary funds will be offset by growth in its private wealth assets, according to CFO David Park.
We review CVC's H1 report, fundraising efforts, and performance across its secondaries and wealth channel products.
The firm is looking to match the size of its predecessor, which closed in 2023 with $22 billion in capital commitments.
Partners Group's decision to impose a 5% redemption cap on its $9 billion private equity SICAV has erased more than 16% of the firm's market value in a single day.
The Dutch investment manager is expanding into GP stakes investing while also developing a dedicated open-ended strategy for managing secondary investments.
We review CVC's Q1 investment activity, fundraising efforts, and performance across its secondaries and wealth channel products.
Institutional Link dives into the January performance, investments, and portfolio makeup of the FTSE 250-listed trust.
