UK head Olivier Decannière and former US head Benoît Verbrugghe are among those not listed as key people on the secondaries giant's ASF IX fund, which is seeking $15bn.
The secondaries powerhouse's latest vehicle is 26% larger than its 2014-vintage predecessor and comes amid record highs for secondaries fundraising and GP-led volume.
The chairman of BC Partners' investment committee had previously said that single-asset deals and cross fund transactions were 'not worth the headache'.
The UK private equity giant wants to move a customer services-focused software provider out of its 2006-vintage Permira IV fund, Secondaries Investor has learned.