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.

PineBridge buys stakes from Spanish family office

The stakes are in Lion Capital II, which currently has a negative internal rate of return.

CalPERS acquires Bridgepoint stakes from Lexington

Lexington acquired the stakes from CPPIB in July and transferred a portion of them to CalPERS in a recent transaction.

Secondaries firms explore new uses of leverage

Secondaries firms are now broadening their view of leverage and considering its use to boost returns through dividend recaps and help minimise currency volatility.

Cogent advised on 23 LP stake sales in Q3

The firm said the advisory side of the business, including secondaries, was impacted by equity market volatility during that period.

Nasdaq Private Market acquires SecondMarket

The New York-based start-up helps private companies like DocuSign, Shazam and Tango find liquidity for securities.
insurance

Nationwide sells private equity portfolio

The insurance company unloaded interests in at least six European funds, mostly tail-end, to PineBridge and Akina.

Ardian purchases €100m portfolio from Nordea

The firm has acquired a bundle of tail-end interests from Europe's largest financial services group.

Partners Group buys portfolio of stakes from Keva

The Zug, Switzerland-based firm has acquired a bundle of at least nine stakes across various fund strategies from Finnish pension fund Keva.

Wisconsin sells stakes in Charterhouse tail-end funds

Hamilton Lane, Pomona and Northwestern Mutual all purchased parts of the interests in CCP VII and CCP VIII.

HVPE receives $44m in realisations in September

The listed fund of funds also invested $6m in HarbourVest’s international fund of funds HIPEP VII.
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