Deals

Find out who’s buying, who’s selling and what is being sold. Get detailed information on the structures involved in secondaries deals, including LP portfolio sales, GP-led processes, spin-outs, restructurings and stapled deals.

Stafford holds third close on timberland FoF

The private markets firm is two-thirds of the way to the $500m target for Fund VIII which can acquire stakes in funds focusing on the strategy.

Mass Mutual sells European fund stakes

Committed Advisors has acquired fund interests including IK 2007, which holds hydraulics and pneumatics company DGI.

Harvard endowment to continue illiquids reduction

The $36bn fund reported strong private equity returns after implementing an “aggressive” restructuring plan in December 2016.

BC Partners staple: sellers revealed

LPs that chose to sell their stakes in BC European Capital IX to Lexington Partners include media group scions, insurers and endowments.

Nordic explores GP-led process on Fund VII – exclusive

The potential deal involves the Scandinavian private equity firm’s 2008-vintage fund, which has around €2bn in NAV, Secondaries Investor has learned.

Apax runs GP-led process on Fund VII – exclusive

The UK's second-biggest private equity firm is working with Campbell Lutyens to create a continuation vehicle for its 2007-vintage fund, Secondaries Investor has learned.

CPPIB backs Olympus stapled deal – exclusive

Canada's largest pension fund has used preferred equity in a transaction that helps the Asia-focused buyout firm with its Fund V, Secondaries Investor has learned.

Ardian expects $1.2bn close on early secondaries fund

AESF VI will be nearly double the size of its predecessor, according to a document seen by Secondaries Investor that reveals details of the fund's investments.

Tail-end boost: the use of debt in acquiring mature stakes

Stakes in funds near the end of their lives with considerable remaining NAV have moved from being a specialist to a mainstream pursuit – and leverage can help buyers maximise returns..

eQ picks up Access portfolio

The Finnish investment firm has acquired a bundle of buyout stakes in a €138m deal from the French asset manager, Secondaries Investor has learned.