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.

Top Tier to deploy two funds in VC secondaries deals

The Paul Capital spin-out is in market with its first dedicated venture capital secondaries and co-investment fund.

CBRE GI restructures Euro industrial fund

The property services firm has raised €140 million of fresh equity for its industrial fund through secondaries transactions.

FF&P sells Macquarie infra stake to BlackRock

Macquarie European Infrastructure II is a €4.6bn fund that is fully invested in nine projects including UK-based National Car Parks.

Kodak sells pair of PAI fund stakes

PAI Europe III is fully realised and invested in French dairy products company Yoplait and PAI Europe IV is partially realised.

Transparency key in Asia

Finding the right secondaries deal in Asia isn't easy, but transparency can help ease the process, especially when it comes to GP restructurings, DeAWM head of Asia secondaries Jason Sambanju explains.

Arnerich Massena focuses on discounts

The Portland, Oregon-based firm says it has never paid a premium for any assets on the private equity secondaries market.

17Capital: Structured transactions on the rise

Structured transactions are emerging as an alternative to a straight secondary sale for investors who think their portfolio has more to give.

Australian LPs sell Actis fund stakes

Actis Emerging Markets 3 invested in Brazilian cleaning products company Gtex and Egypt-based Commercial International Bank.

Banco Espírito Santo transfers Magnum stake

Magnum Capital I is a €866m fund that is fully invested in companies including fragrance producer Iberchem and K-12 private education company NACE Schools.

Partners Group buys €300m tail-end Nordic RE portfolio

Partners has acquired 4m square feet of property in Finland and Sweden by buying out the investors of Niam’s 2004-vintage Nordic Fund III.
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