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.

Strategic makes first deferred payment in Spice portfolio sale

Strategic Partners purchased the legacy portfolio of Spice, formerly called APEN, in December for $192m.

Spice Private Equity buys Indian, LatAm fund stakes

The Swiss fund of funds, formerly known as APEN, continues its new strategy of focusing on co-investments and secondaries in emerging markets.

The five largest portfolio sales

Pensions and SWFs are bringing ever larger portfolios to the secondaries market, with CalPERS's recent $3bn sale the biggest so far.

Strategic Partners buys CalPERS’s $3bn real estate portfolio – update

Park Hill advised CalPERS on the sale of the portfolio, which is made up of 43 fund stakes.

N+1 completes secondaries deal with Access Capital

Access invested in a portfolio of companies managed by N+1 and also invested in its most recent fund, N+1 Private Equity Fund III.

CalPERS sells $1bn of private equity fund stakes

There were more than 10 different buyers for the diversified portfolio, Secondaries Investor has learned.

NorthStar receives $182m in realisations in Q3

NorthStar anticipates that distributions from real estate secondaries investments will come down in the next few quarters.

Pomona Investment Fund makes first investment

The secondaries fund targeting high net worth individuals purchased a $25m portfolio of fund stakes from The Regents of University of California.

Lexington, Lothian buy Macquarie infra stakes from BAE

Lexington invested out of its $10bn LCP VIII vehicle, the biggest secondaries fund ever raised.

Akina buys Innova fund stakes at double-digit discount

The acquisition was part of a large sale from insurance company Nationwide, which was rebalancing its private equity portfolio.
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