Adams Street Partners, a manager of private equity for institutional investors, has closed its Adams Street Global Secondary Fund 5.    The offering was oversubscribed, surpassing the USD750m target and hitting the firm’s hard cap of USD1bn.   In combination with other managed accounts, Adams Street’s secondary programme has approximately

The future landscape of the investment funds industry will be affected by external factors just as much as regulation, according to an exit poll of the 400-plus delegates attending last week’s Guernsey Funds Forum 2013 held in London.   The half-day conference and exhibition, titled Back to the Future, included

Nexus Group, a provider of private equity in Peru, has held the final closing of its second institutional fund, NG Capital Partners II.   NG reached the fund’s hard cap of USD600m, exceeding its USD500m fundraising target.   The fund will invest primarily in Peru with the flexibility to execute

Several major private equity firms have formed a global industry alliance called the AltExchange Alliance.   The AltExchange Alliance has launched the private equity industry’s first comprehensive standard for data formats.   The common format defined by this new standard aims to transform the way general partners, limited partners, fund

Crestline Investors, an institutional alternative investment manager, has partnered with Kirchner Group to launch a new business unit on the Crestline platform.   The Kirchner team will be the cornerstone of this initiative, called Crestline-Kirchner Private Equity Group, focused on acquiring, managing and investing in underperforming private equity assets, portfolios

Prospects are clouded for Cyprus as a domicile for investment and transaction structures set up by entrepreneurs and investors from Russia and other eastern European countries such as Ukraine following a levy on bank deposits and capital controls imposed by the government as part of a package of measures to