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.

Pre-crisis funds are popular in real estate secondaries

Many of the RE secondaries portfolios being brought to market have a heavy weighting towards pre-crisis funds.

Discounts in Europe are harder to find, Akina says

Buyers in Europe are turning to markets such as Ukraine and Russia to find attractive discounts on secondaries stakes, according to Christian Böhler, the secondaries principal at Akina.

Akina acquires portfolio from German foundation

The portfolio was owned by the German Max Planck Foundation and is made up of three European fund stakes including an interest in the UK's NorthEdge Capital Fund I.

50 South Capital buys EQT IV stake

The wholly owned subsidiary of Northern Trust, which launched earlier this year, purchased the fund interest from Brown Brothers Harriman.

Mantra targets niche, diverse deals with new fund

The vehicle has acquired stakes in Latin American agribusiness funds, as well as interests in a secondaries fund.

Odin Equity funds go through restructuring

A consortium led by Access Capital Partners restructured Odin's two buyout funds. The firm also rebranded to BWB Partners.

Terra Firma nears closure of third fund’s liquidity option

The firm is planning to buy out 10% of stakes Terra Firma Capital Partners III's LPs agree to sell.

NZ Super to sell $500m RE portfolio

The $30bn super is understood to be interested in selling a collection of real estate fund stakes. Partners Group and Landmark are said to be among the bidders.

Strategic Partners paid $2.3bn for CalPERS RE portfolio – update

One of the co-investors that participated in the transaction was The Texas State Board of Education, which oversees the Texas Permanent School Fund, and contributed $50m.

Argentum sells EQT stake to AGC – update

The Norwegian asset manager, which has $1.8bn in private equity assets, held the EQT V interest through its secondaries vehicle.
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