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.

Partners Group deploys $1.1bn in H1

Secondaries accounted for around a quarter of the Swiss firm's total investments.

SL Capital makes deal from new infra secondaries fund

The Edinburgh-based firm has bought a stake in a Macquarie infrastructure fund out of its debut secondaries fund focusing on the asset class.

Timberland secondaries market still in infancy

Timberland secondaries are a small but growing part of the $100 billion timberland market, according to the head of a forestry investment firm.
Geneva

Adveq buys stake in Synova Capital’s first fund

The Swiss-based firm previously purchased a stake in the London-based private equity firm, which invests in smaller UK growth companies.

Strategic Partners increases stake in Doughty Hanson fund

Blackstone's secondaries manager has increased its stake in an almost two decade-old buyout fund.

Houlihan Lokey files for an IPO

The Los Angeles-based investment bank, also an advisory firm in the secondaries market, plans to offer $100m in common stock and to list on the New York Stock Exchange.

Competition intensifies at lower end of market

Increased competition is prompting secondaries firms to find new ways to maintain returns, including using leverage and participating in restructurings, according to Sunaina Sinha from Cebile Capital.

CPPIB sells stakes in PAI funds to HarbourVest

Canada's public pension plan has sold off its entire stake in one of Europe's largest buyout funds. Portfolio companies include United Biscuits.

Northleaf deploys almost half of debut fund

The Toronto-based fund manager's debut secondaries fund has invested in North American buyout and venture capital funds.

CalPERS to sell $3bn of real estate portfolio – update

The $300 billion pension plan’s offering would be the largest ever on the real estate secondaries market.
si
si

Copyright PEI Media

Not for publication, email or dissemination