News

The French investment firm, which owns companies including restaurant chain Léon de Bruxelles, is moving around €600m of assets off its balance sheet.

The firm has advised on 10 complex secondaries transactions totalling $2bn, including one of Asia's first restructurings in 2016.

The team is seeking buyers to back a portfolio of 25 Dutch companies and provide capital for a new private equity fund, Secondaries Investor has learned.

The secondaries firm has hired George Weekes, a former Canada Pension Plan Investment Board funds, secondaries and co-investment professional.

Mantra Secondary Opportunities II, which launched in October last year, will focus on niche sectors of the market.

LPs should consider what an offer from a secondaries buyer means for a GP's future, according to panel participants at an industry conference in London.

Rebecca John, who had been with the firm for 17 years, left the secondaries firm at the end of September.

David Enriquez, the $65bn pension's co-head of private equity, says the market needs to differentiate between types of process and their purpose.

Vjerana Spajic, a Secondaries Investor Young Gun, joined the firm in 2015.

In the wake of former head Larry Thuet's retirement, Jonathan Costello talks to Secondaries Investor about growth plans for the firm, single asset restructurings and securitisations.