Leverage now accounts for more than a third of the yearly secondary market value, compared with just 4% five years ago, according to recent research by advisory firm Triago.
Pinto will lead the investment strategy of Appian, which specialises in assets across the mining sector
Planned exit comes six years after software investor Gro Capital invested €6m in Trifork for a 20% stake
Fund makes primary and secondary investments in venture capital funds and co-investments in select portfolio companies
Macquarie Capital acquired PTSG in a take-private in 2019 and is reinvesting in the new buyout