Monday, 20 April 2015
Last updated 8 hours ago
Oct 17 2007 | 10:55am ET
U.K.-based asset manager Morley is launching a private equity fund of funds product aimed at smaller institutions seeking exposure to private equity, but lacking the assets to investing through a traditional segregated account.
The Morley Private Equity Programme will comprise a series of funds structured as limited partnerships investing in unlisted securities via primary funds and co-investments, accroding to the firm. The funds will focus on European buyouts and the first offering is dubbed the 2008 Partnership.
"Our aim is to help a wider range of institutions to access private equity investments through a flexible proposition that is priced competitively and provides the confidence that comes with a strong performance, a proven ability to select and access the best funds and an experienced team," said Philip Pearson, deputy head of alternative investments.
James Tanner, managing director, distribution and alternatives, said: "The pooled structure will open up access to our investment capability for small and medium-sized pension schemes with assets of over £150 million, and will complement Morley's existing segregated investment program.”
Morley is the UK-based asset management business of Aviva and manages both institutional and retail assets, including a range of alternative investment funds.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…