ABRY and HIG most sought-after US mid-market funds

Canadian advisory firm Setter has released its top 50 mid-market LBO funds on the secondaries market.

ABRY Partners and HIG Capital top the list of the 50 most sought-after US mid-market LBO funds on the secondaries market, according to a ranking released by Canadian advisory firm Setter Capital.

ABRY Partners and HIG Capital are rated ‘excellent’ based on Setter’s liquidity rating, based on a fund’s popularity through the number of followers on its SecondaryLink platform; the number of likely prime buyers and Setter’s own judgement on its capacity and ease of transfer.

After ABRY and HIG, Setter rates 14 funds as ‘very good’ from the following GPs:

  • Charlesbank Capital Partners
  • Apax US
  • Avista Capital Partners
  • Spectrum Equity Investors
  • Audax Private Equity
  • Water Street Capital
  • Catterton Partners
  • Odyssey Investment Partners
  • Endeavour Capital
  • Wellspring Capital Management
  • Riversided Capital Appreciation Fund (RCAF)
  • Genstar
  • Sterling Capital

A further 34 funds are rated as good; all can be viewed here.

Setter has relaunched its secondaries platform, www.SecondaryLink.com, where it uses its data to compile lists on the top funds it sees moving in the market.