Secondaries
Golding eyes 2024 final close for latest secondaries fund, targets ‘undercapitalised’ small- and mid-cap space
Asset manager is targeting EUR 500m and is seeing discounts on both GP-led and LP stakes deals
Volpi raises EUR 250m continuation vehicle for 2016-vintage assets
Volpi Capital Investments Conti will hold Dutch geospatial data company Cyclomedia and UK-based surveillance group Digital Barriers
Adams Street secures USD 3.2bn for newest secondaries programme amid LP stakes dealflow uptick
Private markets investor has seen LP stakes increase as a proportion of its deployment over the past year, partner Jeff Akers said
Maguar marks first exit with HRworks move to continuation fund
EUR 235m in total equity has been raised to further grow the company via organic strategies and bolt-ons
Triton raises EUR 1.63bn for multi-asset continuation fund
Backed by HarbourVest and LGT, TIV CF will hold four Fund VI assets Assemblin, EQOS, Flokk and Unica
Bencis raises EUR 123m continuation fund for group of Fund IV assets
Secondary deal was led by Committed Advisors and will provide backing for future growth of four portfolio companies
Keyhaven eyes Q4 2023 fund launch amidst lower mid-market GP-leds boom
Secondaries firm looks ahead to fourth fund; sweet spot of EUR 50m-100m for deals but can go up to EUR 500m
GP Profile: Hayfin seeks European mid-market opportunities with PE strategy
Launched in 2018 and with EUR 1bn AUM, strategy aims to address GPs’ need for fund and asset-level capital, partner Gonzalo Erroz tells Unquote
Turnstone PE heads for debut fund first close in March
Sponsor formed by ex-Argentum team seeks to raise EUR 100m for vehicle focusing on mature primary and secondary opportunities
Coller Capital joins GPs in search for private wealth allocations
Jake Elmhirst to lead new arm that will tap private banks and wealth managers to distribute GP's products
Capiton moves two assets to continuation vehicle; Fund V largely unrealised
Eurazeo and Unigestion among LPs in new fund for industrial tech businesses Raith and AEMtec
Arcano holds EUR 450m final close for latest secondaries fund
With just under 50% deployed, the vehicle will split focus evenly between LP stakes and GP-leds
Bellevue eyes Q1 2023 first close for debut secondaries fund
With USD 200m target, vehicle will primarily focus on USD 1m-30m LP stake deals
Blue Owl poised to revive Dyal IPO plan in H2 2023
Listing of GP stakes specialist could take place in London as early as September
LP stakes trade on wider discounts amid liquidity crunch – Palico
More than half of LP deals were discounted in Q3 2022, reversing the trend seen in Q2, Palico report shows
ICG Enterprise Trust calls 60% shares-NAV discount ‘anomalous’
Difference between value of portfolio and stock price ‘way too large’, head of PE says
Verium moves Toradex, Mobil in Time into continuation fund
Verium I SCS, which closed on CHF 120m, is the family office's first LP-backed fund
Pantheon eyes second GP-led secondaries fund
Predecessor vehicle in the Secondary Opportunities strategy raised USD 624m in 2021 and has a two-year investment period
GP Profile: Tyrus Capital plans secondaries deployment drive
Mature and tail-end secondaries opportunities on the rise with motivated sellers seeking to organise their portfolios, Gunter Waldner tells Unquote
Flexstone gears up for new secondaries fund
Filing for new vehicle follows GP's promotion of head of secondaries last month
StepStone Group gears up for next Tactical Growth Fund
Predecessor primary, secondaries and co-investment vehicle held a final close in 2021 on USD 690m
Unigestion holds EUR 900m final close for fifth secondaries fund
Fund is more than three times the size of its predecessor and is more than 50% committed
ICG heads for secondaries fund close, new strategy launches
GP plans to launch specialised life sciences and US PE strategies depending on market conditions
Pantheon closes private debt secondary fund on USD 834m
New vehicle exceeded target by more than USD 300m; aims for up to 20% exposure to European debt