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Silas Sloan

Illustration of a businessperson looking into a telescope. There is a gold coin at the end of the telescope
Pricing for high-quality inflection assets with material upside has tightened to the low- to mid-90s, according to chief executive David Layton.
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Secondaries Investor reported in May that CVC Secondary Partners and Pantheon were leading the transaction around TIC asset Normec.
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The firm was one of the backers of a $1.2bn private debt deal with Guggenheim Investments last month.
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The change in name comes three years after the private equity giant acquired a 60% stake in the secondaries specialist.
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The position will add to the firm's existing four-person data science team to help build the next generation of data-driven private equity investment tools.
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The firm is looking to close on its third and largest secondaries fund, after closing its second such fund in 2021.
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The firm wants to raise almost 60% more than it did for its predecessor vehicle.
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