The Johannesburg-based investment firm has assumed management of assets from three African funds, expanding its secondaries and portfolio management platform.
The firm's $3.1 billion in Q3 secondaries inflows were driven primarily by its tenth private equity and ninth real estate secondary funds.
The investment in the Brazilian alternative asset manager will be made through a primary capital injection, with no existing partners selling their holdings.
Day helped establish and expand Brookfield's real estate secondaries business, overseeing investment activity across the Americas and APAC.
Former Mubadala Capital executive Lucas Radal joins MCP as Head of Middle East Secondary Investments in Abu Dhabi.
The business brings the Swiss investment firm's Independent Sponsors and Secondaries strategies under a unified roof.
In this episode of the 'How I Invest' podcast, Host David Weisburd speaks with ICG's Ryan Levitt on why secondaries have evolved into one of the most attractive areas in private markets.
The acquired portfolio comprised 30 investments across four African funds spanning financial services, consumer/FMCG, infrastructure, and light manufacturing.
The announcement comes as investors in Blue Owl's non-traded BDC shunned an earlier Saba and Cox Capital joint-offer to repurchase shares at a steep discount.
The Asia-secondaries specialist also named Umang Agarwal as Managing Director and Co-Head of India for its newly opened Bangalore office.
