CVC Europe, Apax Europe and Advent Global Private Equity topped the list of the most sought-after LBO funds in the European secondary market, according to a statement from Canadian advisory firm Setter Capital.
According to Setter’s liquidity ratings, based on the number of followers on its SecondaryLink platform and the strength of prime buyers for a secondary of a fund, the demand for the three firms was rated ‘excellent’.
Overall, 45 percent of the funds were rated as ‘excellent’.
There were 22 funds that were given a ‘very good’ rating by Setter. The top 10 included:
• 3i Buyouts / Eurofund
• Montagu Private Equity
• Alpha Private Equity
• Segulah Management
• Accent Equity Partners
• Doughty Hanson