Sunday, 21 December 2014
Last updated 5 hours ago
Jun 8 2007 | 11:35am ET
AXA Private Equity further solidified its place among the behemoth secondary private equity houses with the final closing of its AXA Secondary Fund IV at US$2.9 billion.
The new fund boasts institutional investors worldwide, primarily pension funds, government agencies, financial institutions and family offices, according to the firm. It will acquire existing positions held by institutional investors in p.e. funds offering investors an out in a usually long-term asset class.
To date, ASF IV has invested 10% of its capital in two deals: A commitment of up to €134 million (US$192.8 million) in two Italian mid-market p.e. funds and a commitment of US$132.5 million in a U.S. buyout firm.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.