Secondaries
JP Morgan sells half of One Equity portfolio to Lexington, AlpInvest
One Equity will become OEP Capital following secondary transfer
Blackstone acquires Alliance Automotive from Weinberg
Deal marks full exit for Weinberg after eight-year holding
Graphite Trust transfers out of Vision
Graphite Enterprise is no longer an investor in Vision
Austria's Volksbank sells PE portfolio
Announcement comes days after Volksbank Romania sold €495m worth of loans
Verdane Capital acquires Ferd portfolio
Napatech, Eniram & Aspiro included in portfolio of energy & software firms
Ardian buys $1.3bn GE Capital fund portfolio
Sale part of GE's strategy to reduce non-core assets
Verdane acquires Aggregate Media portfolio
Portfolio includes 10 Swedish e-commerce companies
Bankia raises €9.2m in secondaries sale
Auction process attracted more than 40 potential buyers
NPRF offloads €800m PE portfolio to Lexington
The National Pensions Reserve Fund of Ireland (NPRF) has sold around €800m of global private equity fund interests to secondaries firm Lexington Partners.
HarbourVest throws Motion lifeline
HarbourVest Partners has extended the life of Motion Equity Partners’ fund to enable it to exit portfolio companies.
HarbourVest promotes Flower
HarbourVest Partners has named Tim Flower as managing director in a promotion from his previous position of principal.
Saints Capital buys Star Ventures' portfolio
Secondaries investor Saints Capital has bought 20 separate assets from Germany- and Israel-based venture capital firm Star Ventures.
German Unicredit unit divests part of PE portfolio
The German subsidiary of Unicredit has sold part of its private equity portfolio to newly founded SwanCap Investment Management.
Direct secondaries: breathing new life
An industry-wide impetus is needed to resuscitate an ailing sector. Kimberly Romaine reports
Cipio Partners Q&A: venture direct secondaries
Cipio Partners managing director Roland Dennert talks to Kim Richters about what venture capital could gain from direct secondaries as a potential exit route.
Sobera buys BayTech Venture portfolio
Direct secondaries specialist Sobera Capital has acquired BayTech Venture Capital Fund I from German venture firm BayTech Venture Capital.
Zombie funds: Fright of the living dead
Zombie funds
Q&A with LGT's Vercoutere
Ivan Vercoutere, managing partner at LGT Capital Partners, speaks to Kim Richters about the current secondary market and the firm's latest vehicle
Uniqa sells private equity portfolio
Austrian insurance group Uniqa has sold its entire private equity portfolio to international investors.
Verdane acquires four companies from eEquity for SEK 150m
Norwegian secondaries direct investor Verdane Capital has acquired a 15-30% stake in four Scandinavian e-commerce companies held by Swedish investor eEquity.
Direct secondaries set to peak in 2017
The volume of the direct secondaries market has already doubled in the last year and is set to continue expanding rapidly, according to recent research by placement agent Triago.
Lexington wins Generali private equity stakes
Italy's largest insurer Assicurazioni Generali has agreed to sell its holdings in European leveraged buyout funds to Lexington Partners, according to reports.