SL Capital’s listed fund-of-fund Standard Life Private Equity Trust (SLPET) deployed £47.6m across three secondary market purchases in the year to 30 September 2019, according to its recently released annual report.
Transaction is made via a club deal which saw participation of several private investors alongside Cherry Bay
Wellingtons manufacturer mandated AlixPartners to sell a stake in the business in March 2020
Spencer House provided corporate finance advice on the acquisition of the fund adminstrator
GP invests via Suma Capital Growth Fund II, which held a first close on €65m in December 2019