Secondaries
Fund Profile: Ardian Secondary Fund VIII
Ardian discusses with Unquote its secondaries activity and outlook on market trends amid the pandemic
Oddo BHF Private Equity Secondaries Fund closes on €358m
Oddo BHF Private Equity Secondaries Fund has a focus on secondary transactions ranging from €5m to €50m
Unigestion announces closes for Secondary V and Direct II
Secondary V has held a first close on €228m, while Direct II held a third close on €375m
Mediobanca, Russell Investments launch third private market fund
Fund invests in secondaries, distressed assets and opportunities in dislocated industrial sectors
Idinvest completes secondaries deal for growth portfolio
Manager has transferred 12 companies into a new fund backed by secondary capital
Ardian closes eighth secondaries mega-fund on $19bn
ASF VIII intends to provide the necessary liquidity to investors amid the global Covid-19 pandemic
Fenera & Partners launches three funds-of-funds
Funds invest in both secondary and primary vehicles across the US, Asia and northern Europe
Altamar holds first close for €750m secondaries fund
ACP 4 targets the growing market for GP-led secondary transactions
Secondaries players hold fire despite copious dry powder
Market is likely to pause until Q2 2020 valuations are released, potentially leading to a flurry in Q4
StepStone closes fourth secondaries fund on $2.1bn
SSOF IV's investment strategy focuses on the inefficient segments of the secondaries market
Arcano Capital XII fund-of-funds raises €200m
GP expects to hold a final close on target by the end of June 2020
Pantheon on road for next credit secondaries fund
First fund closed on €250m in February, with commitments from German LPs only
StepStone names secondaries-focused Johnston as partner
Adam Johnston is a member of StepStone's private equity secondaries practice
US pension set to back Pantheon secondaries fund
Pantheon Global Secondaries Fund VI has a focus on GP-led transactions in Europe and North America
HarbourVest and Vanguard agree strategic partnership
Strategic partnership will see new PE funds raised annually to be accessed by Vanguard clients
Ion Pacific targets $150m for VC secondaries fund
Firm focuses on direct secondaries and LP interests in VC funds, as well as GP recapitalisations
ICG closes third secondaries fund on $2.4bn
ICGSE III targets secondaries transactions, with a primary focus on complex fund restructurings
Fund focus: Lexington targets growing Asia secondaries market
GP's ninth fund closed on $14bn, above its $12bn target, and will target secondaries opportunities in Asia
Unigestion launches Secondary V
Latest vehicle will target non-auctioned small and mid-market secondaries opportunities
Stafford launches €750m infra secondaries fund
Fourth core infrastructure secondaries fund is set to be twice the size of its predecessor
Pantheon Global Secondary Fund VI to close in 2020
Pantheon's latest vehicle, Global Secondary Fund VI, is expected to hold a final close in 2020, Unquote understands.
Lexington closes ninth fund on $14bn
Vehicle is now the largest secondaries fund ever raised, with Ardian aiming to top it
Greenspring closes VC secondaries fund on $800m
Fund targets investments in expansion-stage companies as well as LP interests
Portfolio Advisors hits first close for secondaries fund
Hard-cap of the secondaries vehicle amounts to $2.25bn, with a final close expected in H2
