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.

National Bank of Greece seeks buyer for PE spin-out

London-based NBGI Private Equity is the latest bank spin-out expected to produce a structured secondaries deal.

JPEL plans $150m secondaries spend

JPMorgan's listed FoF plans to spend $150m on secondaries interests and directs.

UBS: secondaries buyers lowered return targets

Several factors including higher pricing lowered buyers’ targeted returns, according to a survey of market participants by the Swiss investment bank.

Temasek’s Astrea II nearly $1bn in size

Secondaries Investor reveals more details about the Ardian-managed fund comprising 36 LP stakes.

Charterhouse among stakes in €800m Irish pension sale

The identities of two of the 24 fund interests purchased by Lexington from Ireland’s NPRF in January have been disclosed.

Bankia offloads VC stakes

The Spanish banking giant has sold a 28-strong portfolio of venture capital funds.

ADIA eyes fund restructurings

The $627bn sovereign wealth fund is ramping up its secondaries capabilities, and said to be on the hunt for good fund restructuring opportunities.

GMT nears fund restructuring deal

Four months of talks between GMT and its LPs to restructure GMT's Fund II are nearing a resolution, as GMT looks to get back on the fundraising trail to raise €400m for Fund IV.

CVCI fund sale will exceed $2bn

The complex sale of CVCI fund interests by TRG includes Citigroup balance sheet, employee and client money that push it in excess of $2bn.

Lexington backs Rosetta’s direct pharma deal

The life sciences-focused direct secondaries firm has purchased 20 assets thought to be worth $5-10m each with the backing of Lexington Partners.
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