Silas Sloan
The deals add to what has been a busy year for the Canadian pension, which has been an active participant on the buy and sellside of the secondaries market.
January through the end of September this year saw 59 known continuation vehicles close, most of which were single-assets, according to data gathered by Secondaries Investor.
New Mountain continues to build out its GP-led strategy following the hire of its co-lead Neal Costello from Carlyle AlpInvest earlier this year, Secondaries Investor has learned.
Despite a growing number of new entrants, buyers aren’t concerned about increased competition in this abundant part of the market. How long can this last?
The transaction run by Chicago-headquartered investment firm Tyree & D’Angelo Partners was oversubscribed, Secondaries Investor understands.
Montagu Private Equity's latest CV is one of the largest single-asset deals to come out of Europe this year as GP-led secondaries activity continues in earnest in the region.
Secondaries is not about stressed portfolios or assets that firms cannot sell – it is about capital allocation and repositioning, according to CEO Harvey Schwartz.
The fund is looking to collect up to $1.5bn more through December and has already deployed $8bn.
The change in the investment policy will streamline the SBI's investment process and keep it in line with the policies of its peers, according to its CIO.
The vehicle from the tail-end secondaries specialist is the latest vehicle to smash its fundraising goal this year.