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Bellevue launches debut PE secondaries fund

Asset management boutique Bellevue is launching its maiden investment fund focussed on the private equity secondaries market. The launch comes on the back of Bellevue’s dedicated secondaries team, consisting of Chris Davies, Steven Kroese and Lars Honegger, commencing operations on 1 December.

The fund has a global remit and is primarily active in the US and Europe with target return Bellvue describes as “comparable to primary buyout funds”.

Davies, Kroese and Honegger are supported by Jan Kollros, Head of Bellevue’s Private Markets unit and the CEO of its independent adbodmer subsidiary.
 

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