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.

Graphite Trust buys PAI fund stake; investments include Swissport

Graphite Trust buys PAI fund stake

PAI Europe V has invested in 11 companies, including ground and cargo handler Swissport.

Verdane seals fifth deal from Fund VIII

The Nordic direct secondaries specialist has invested in nutrition supplements and training gear company MM Sports.

UK pension sells Advent fund stake

The Royal Borough of Windsor and Maidenhead has sold two fund stakes on the secondaries market since August.

Essex County sells Nordic RE fund stake

Valad Europe’s V+ Nordic fund invested in Denmark’s largest office building, the Copenhagen Business Park.

Africa secondaries are years away

Few African funds are trading on the secondaries market and sources estimate the market could take between five and seven years to develop.

Verdane generates 30% IRR on sale of IT company

The direct secondaries specialist acquired Dolphin Software in 2009 using its Verdane Capital Funds VI and VII.

Intesa Sanpaolo to sell €150m PE arm

The listed Italian bank is selling its assets to increase its focus on traditional banking.

Hollyport deploys 35% of Fund IV

The London-based firm closed its fourth secondaries fund on its £75m hard-cap last year.

NJ sells General Catalyst stake for $14m

General Catalyst makes early-stage and growth equity investments in companies such as global accommodations website Airbnb and mobile payment service Venmo.

Headway in Dutch direct secondaries deal

SME investor Soestdijk sold eight portfolio companies including veranda manufacturer Verasol.
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