 |
 |
 |
|
|
 |
HISTORY
Landmark Partners, formed in 1989, is a private equity and real estate investment company. We have over $8.5 billion in capital committed to our funds and have acquired and transferred more than 1,200 limited partnership interests in funds managed by more than 500 discreet sponsors.
Until 1996, we invested solely in private equity. In 1996, we pioneered the real estate secondaries business with Landmark Equity Fund VI. Our real estate business now represents over 17% of cumulative capital commitments for our secondary investment programs.
1990 Landmark Venture Partners Landmark Venture Partners was formed to acquire a portfolio of venture capital limited partnership interests. This transaction is recognized as one of the first institutional secondary transactions for limited partnership interests in private equity funds, and thereby, a watershed event in the industry. The fund acquired 2 transactions comprised of 67 interests in 62 partnerships managed by 42 sponsors.
1992 Landmark Equity Partners II Landmark Equity Partners II was formed to continue the strategy of acquiring portfolios of limited partnership interests in venture capital funds. The fund acquired 12 transactions comprised of 88 interests across 80 partnerships managed by 59 sponsors.
1992 Landmark Direct Equities Landmark Direct Equities was formed to acquire a small portfolio of direct venture capital investments from a corporate seller. The fund made one transaction and acquired interests in seven companies and one limited partnership.
1993 Landmark Equity Partners III Landmark Equity Partners III was formed to acquire buyout limited partnership interests. This allowed Landmark to expand its secondary charter to include the acquisition of interests in buyout funds. The fund acquired 7 transactions comprised of 23 interests across 17 partnerships managed by 14 sponsors.
1994 Landmark Equity Partners IV Landmark Equity Partners IV was formed to continue the strategy of acquiring portfolios of limited partnership interests in buyout funds. The fund acquired 18 transactions comprised of 25 interests across 18 partnerships managed by 13 sponsors.
1995 Landmark Equity Partners V Landmark Equity Partners V was formed to continue Landmark's secondary venture acquisition program. The fund acquired 31 transactions comprised of 138 interests across 120 partnerships managed by 85 sponsors.
1995 Landmark Mezzanine Partners Landmark Mezzanine Partners was formed to acquire a portfolio of mezzanine limited partnerships interests and direct equity investments. The fund acquired 9 transactions comprised of 15 interests and 4 direct investments across 14 partnerships managed by 10 sponsors.
1996 Landmark Real Estate Fund I (fka Landmark Equity Fund VI) Landmark Real Estate Fund I was formed to acquire a portfolio of co-mingled closed-end real estate funds. This transaction is the first institutional secondary transaction for limited partnership interests and trust interests in real estate funds. The fund acquired 35 interests across 29 partnerships managed by 10 sponsors.
1997 Landmark Real Estate Fund II (fka Landmark Equity Fund VII) Landmark Real Estate Fund II was formed to continue the strategy of acquiring portfolios of interests in real estate funds. The fund acquired 45 interests across 31 partnerships managed by 16 sponsors.
1998 Landmark Private Equity Fund VIII Landmark Private Equity Fund VIII has an umbrella fund structure that consists of three partnerships: a secondary acquisition partnership to acquire interests in private equity portfolios and direct investments including venture capital, buyout, and mezzanine assets; a fund-of-funds partnership to invest in one of the first time and spinout funds; and a co-investment partnership. Landmark Secondary Partners, the secondary acquisition partnership, is capitalized with $228 million of equity and acquired 18 transactions comprised of 57 interests and 54 direct investments across 56 partnerships managed by 47 sponsors.
1999 Landmark Private Equity Fund IX Landmark Private Equity Fund IX has an umbrella fund structure identical to Landmark Private Equity Fund VIII. Landmark Secondary Partners IX is capitalized with $357 million of capital. The fund acquired 20 transactions comprised of 58 interests and 10 direct investments across 56 partnerships managed by 51 sponsors.
2000 Landmark Equity Partners X Landmark Equity Partners X was formed to acquire limited partnership interests in established private equity investments through secondary transactions. The fund investment strategy is opportunistic. To date the fund has acquired 54 transactions comprised of 187 interests in 141 partnerships managed by 113 sponsors.
2000 Landmark Opportunity Fund Landmark Opportunity Fund was formed to make commitments to five well-established private equity firms considered to be among the most highly regarded and consistently performing private equity investors in the industry.
2000 Landmark Real Estate Fund III Landmark Real Estate Fund III was formed to acquire direct interests in value-added real estate investments through joint ventures with established real estate companies. The fund completed two transactions resulting in the acquisition of interests in a mixed use development in Boston, Massachusetts, and a master-planned industrial park in Miami, Florida.
2001 Landmark Real Estate Fund IV Landmark Real Estate Fund IV was formed to acquire portfolios of interests in real estate funds. To date, the fund has completed 9 transactions comprised of 20 interests across 18 partnerships managed by 11 sponsors.
2002 Landmark Growth Capital Partners Landmark Growth Capital Partners was formed to invest in established small and mid-size companies with strong growth characteristics in the manufacturing and business services sectors where private equity has been under-represented. To date, the fund has completed 13 transactions.
2002 Landmark Equity Partners XI Landmark Equity Partners XI is formed to continue the strategy of acquiring portfolios of interests in private equity funds through secondary transactions. To date, the fund has completed 16 transactions comprised of 135 interests across 129 partnerships managed by 90 sponsors.
2004 Landmark Equity Partners XII Landmark Equity Partners XII is formed to continue the strategy of acquiring portfolios of limited partnership interests in buyout and venture capital funds. To date, the fund has acquired 1 transaction comprised of 89 interests across 89 partnerships managed by 53 sponsors.
2005 Landmark Real Estate Fund V Landmark Real Estate Fund V was formed to acquire portfolios of interests in real estate funds. To date, the fund has completed 20 transactions comprised of 45 interests in 44 partnerships.
2005 Landmark Equity Partners XIII Landmark Equity Partners XIII was formed to continue the strategy of acquiring portfolios of interests in private equity funds through secondary transactions. The fund has been capitalized at $1.2 billion. To date, the fund has completed 57 transactions comprised of 161 interests in 148 partnerships managed by 102 sponsors.
2007 Landmark Equity Partners XIII-A Landmark Equity Partners XIII-A was formed to acquire a portfolio of 7 buyout partners interests. The fund was capitalized with $155.2 million of equity capital.
2008 Landmark Equity Partners XIV Landmark Equity Partners XIV was formed to continue the strategy of acquiring portfolios of interests in private equity funds through secondary transactions. The fund has been capitalized at $1.9 billion. To date, the fund has completed 8 transactions comprised of 67 interests in 62 partnerships managed by 37 sponsors.
The funds listed are not open to new investment.
|
|