Talking Top Quartile with Frank Borges and Tim Haviland of Landmark Partners

The vintage 2004 Landmark Equity Partners XII LP rang up an IRR of 25.2 percent for the Indiana Public Retirement System as of March 31, according to the Buyouts public pension fund database. That’s well ahead of the 22.6 percent top-quartile threshold. 

Landmark Partners Chairman Francisco Borges and President Timothy Haviland spoke to Buyouts about the fund. 

Q: Talk about the fundraising environment at the time and how much you raised. Borges: Landmark is a pioneer of the secondary market. This was our 12th fund. Quite frankly, we’ve never focused on the environment as much as we focus ...

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