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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

National Pensions Reserve Fund to sell EUR800mln of equity fund interests to US specialist

Posted on 24 January 2014

The National Pensions Reserve Fund yesterday announced that following a competitive sales process it had agreed to sell approximately €800 million of global private equity fund interests to Lexington Partners, a US-based private equity specialist.
The private equity fund interests comprised “investments in and commitments to 24 separate private equity funds”, the NPRF said. The commercial terms of the sale were not disclosed and the transaction is expected to be completed in the coming months………………………………………..Full Article: Source


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