US pension earmarks $25m for private debt secondaries
Maine Public Employees Retirement System (MainePERS) is set to invest $25m to a private credit fund through a secondary market transaction.
More on Secondaries
Providence in single-asset restructuring for HSE24
GP bought a majority stake in the shopping channel operator from Ardian in 2012 via its sixth fund
Idinvest completes secondaries deal for growth portfolio
Manager has transferred 12 companies into a new fund backed by secondary capital
Coller leads $829m GP-led secondary deal for Permira IV
Transaction involves four remaining assets, including Genesys, eDreams and Asia Broadcast Satellite
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
Latest News
Triton's Eqos Energie bolts on AML Elektrotechnik
Austria-based electrical engineering company had filed for insolvency in April 2020
Aldea Ventures launches €150m fund-of-funds
VC house expects to hold a €35-45m first close by the end of July and a final close in around one year
17Capital provides £125m in preferred equity to Exponent III
LPs in Exponent III include Aberdeen Standard Investments, Central Pension Fund and CNP Assurances
NewAlpha acquires majority stake in CHR Numerique
Company has generated €12m in revenues and has a 25% EBITDA margin