Preqin-FRG model reveals that 2018/19 vintage funds would witness higher returns due to the Covid-19 pandemic, while earlier vintage funds are likely to suffer.
The fund, which raised a reported $18bn for the secondary private equity market, will target Europe, the US, and Asia.
The asset manager will not pay dividend in the first quarter.
Traditional investment managers (IMs) with elevated leverage and outsized exposure to equity-oriented strategies see most pressure during increased volatility caused by Covid-19 pandemic.
China Securities Regulatory Commission (CSRC) said that it accepted applications from the two asset managers to set up mutual fund units in China.
Invesco announced a 60% mark-down on the values of unquoted stocks in UK equities funds, to avoid a Woodford-style liquidity crunch.
Investment products with LuxFLAG labels have crossed €100bn in assets under management.
The dividend distribution would be decided after a shareholders’ meeting convened after October 1.
In a letter to shareholders, Blackrock’s CEO Larry Fink said that the Covid 19 pandemic will change business and consumption patterns.