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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.

Mercury Capital acquired by Investcorp

Four Investcorp representatives will join the placement agent and secondaries advisor's board of directors as part of the deal.

Carlyle mulled Africa fund stapled deal – exclusive

The private equity giant approached secondaries buyers about acquiring LP stakes in its 2013-vintage Sub-Saharan Africa Fund and making a stapled commitment to its successor.

Buyers anticipating a Japanese free-for-all may have to wait

Norinchukin Bank’s $5bn portfolio sale is driven by regulation, but it may well be some time before similar deals come to market.

How to handle divergent interests in GP-leds

LPs can find the options are limited when a fund manager restructures the leftover assets in a fund nearing the end of its life.

Lexington lined up to back Vitruvian GP-led – exclusive

The secondaries firm is in pole position to back a GP-led process on Vitruvian Partners' 2007-vintage fund, which has around €850m in remaining NAV.

Ardian to buy Norinchukin mega-portfolio

The portfolio, worth up to $5bn, comprises around 35 positions and is 75% unfunded, Secondaries Investor revealed in March.

PODCAST: How to avoid pitfalls in stapled deals

Blue chip managers are using stapled secondaries deals to boost fundraising and provide liquidity to LPs. In this 17-minute podcast, lawyers from Proskauer, Debevoise & Plimpton and MJ Hudson discuss how GPs and LPs should approach this growing transaction type.

Ardian backs Ping An infra fund ‘seed’ deal

The firm has backed a deal in which the Chinese insurance giant used infrastructure fund stakes as seed assets to launch a fund of funds and co-investment strategy.

Evolving deal structures ramp up in law firms’ secondaries work

A snapshot of law firms' secondaries work in 2018 by volume, deal count, strategy and more from Secondaries Investor's annual survey.

Sacramento County explores becoming secondaries buyer

The pension's advisor Cliffwater has recommended the pension offload older stakes and exploit the lack of competition at the small end of the market by purchasing individual fund positions.

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