The portfolio sale transferred nearly 80 globally diversified PE, VC, and equity co-investment interests into MetLife's third institutional private equity fund.
The firm has appointed Loïc Beaumont as Head of Private Equity to lead the initiative that targets LP-led secondary positions in European buyout funds.
The Hong Kong billionaire's portfolio reportedly includes interests in funds managed by HSG and Vista Equity Partners.
The LP interests were reportedly priced at a discount of more than 10% and included software and other tech-focused buyout funds.
Singapore's SWF is reportedly marketing PE fund interests managed by firms including EQT, TPG Asia and KKR, with PJT Partners advising.
Cox Capital Retail Secondaries Fund I is currently running cash tender offers for five non-traded BDCs managed by Blue Owl, Ares, Apollo, and BlackRock.
The 2025 SecLink Awards winner has returned $4.6 billion of capital to investors through five strip sales over the past two years.
The manager's debut vehicle, which closed in December, primarily targets secondary LP interests across special situations credit, direct lending, and infrastructure-like private equity.
The vehicle is targeting interval fund deals, while also reviewing feeder fund portfolios, a source told SecondaryLink.
Clipway Secondary Fund I focuses on LP-led secondary transactions in North American and Western European buyout funds.
