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.

Elm: FoFs are most active secondaries sellers

Funds of funds accounted for 37 percent of Elm Capital’s seller base during the second half of 2014.

Pantheon deploys Fund V in 11 deals

Pantheon is targeting $2.5bn for its fifth secondaries fund.

Capital Dynamics offloads tail-end stakes – exclusive

The stakes include 2001-vintage Apax Europe V which still owns UK fashion retailer New Look.

Sixpoint: 84% of LPs involved in fund restructurings

An overwhelming majority of limited partners have been involved in at least one fund restructuring in the past two years, according to a survey conducted by Sixpoint Partners.

Royal Bank of Canada exits Rockspring RE fund

The Royal Bank of Canada Trust Corporation has sold its stake in The Rockspring Pan-European Property Fund to a group of secondaries buyers.

UBS: transaction volume hit $37.5bn in 2014

The top 15 buyers accounted for 86 percent of total secondaries deal volume, according to a survey conducted by UBS.

Montauk TriGuard buys into IK 2000 – updated

IK 2000 has two remaining portfolio companies including Danish workwear label Kwintet and German artificial track and turf manufacturer Sport Group.

DuPont Capital sold 8 fund stakes in 2014 – exclusive

The eight private equity fund stakes sold at par or a premium to net asset value, explained managing director Kevin Campbell.

Competition grows for employee liquidity deals

The market for employee liquidity has grown in terms of types of deals and buyers, explained W Capital Partners managing partner David Wachter.

Cogent estimates $9bn in available leverage

Cogent included the amount of available leverage in its estimate of $84bn of dry powder.
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