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.

Edinburgh - iStock

Shackleton acquires Sigma VC fund assets

The UK-based direct secondaries firm has opened an Edinburgh office to manage the 10 assets it has acquired.

Infrastructure secondaries picking up

As some LPs divest disappointing infra investments, others are looking to the secondaries market for easy-to-understand opportunities without construction risks.

Montana puts PE funds up for sale

Fund interests from managers including energy specialist First Reserve are among the stakes put up for sale by the state's board of investments.
Handshake

Northleaf secondaries fund closes on $255m

The Toronto-based private equity firm’s specialist secondaries fund has beaten its $200m fundraising target, according to managing director Jeff Pentland.

Australian LP to sell $1bn in PE stakes

QSuper, one of Australia’s largest superannuation funds, is said to be aiming to capitalise on current secondaries market pricing with the sale.
Pile of books - iStock

Talks to sell Perseus Books prove inconclusive

Perseus, the US-based private equity manager, has retained the ownership of its second most valuable asset after talks to sell the publishing company wound up without a sale.
Hard hat and plans

Ironbridge progresses with $1.5bn restructuring

HarbourVest Partners has stepped in to rescue the two-year restructuring process of the Australian private equity firm's funds, giving investors the option of joining a new vehicle.
Clock pointing to II - iStock

Corporate Partners to restructure second fund

The former private equity arm of investment bank Lazard is seeking a recap of its $1.1bn 2005-vintage Fund II, according to sources.

Lex close to carving out One Equity Partners

The stapled secondaries deal would see Lexington Partners carve out JP Morgan Chase’s private investments arm at a large premium to NAV.
Hard hat - iStock

Fenway Partners to restructure two funds

The New York-based private equity firm has hired Moelis & Co to help recap funds raised in 1998 and 2006, with any restructure potentially including a carry reset on Fund III.
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