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.

Church of England to review PE holdings

The revelation that an LP commitment to Accel Partners' 2009 fund makes the church an indirect investor in Wonga, a payday loan provider it has publicly criticised, has prompted the church to review its entire portfolio.

New Jersey reveals fund interests to be sold

The $75.64 billion pension system disclosed the names of all 25 fund interests in its massive real estate secondaries offering yesterday. It also committed $185 million to Prologis’ second open-ended core fund focused on Europe.

Denmark’s PFA buys €100m secondary portfolio

Non-traditional buyer steps in to buy a limited partner position in Nordic Real Estate Partners’ logistics fund from Swedish pension fund SPP.

New Jersey lands buyer for RE secondaries

The $75.6bn pension plan has agreed to sell a nearly $1bn portfolio of real estate fund interests to a new entrant to the secondary market.

Blackstone buys Credit Suisse’s $9bn secondaries platform

The New York-headquartered firm is expanding its alternatives franchise with the acquisition of Credit Suisse’s 'Strategic Partners' group.

New Jersey makes largest-ever real estate commitment and moves forward with secondaries

The $72.8 billion pension plan has approved an investment to Blackstone's new Asia-focused vehicle. It also announced an update to its real estate secondary offering.

North Carolina considers secondaries

The $78.1 billion pension system is weighing the possible sale of fund interests in its real estate portfolio.

Electra snaps up more secondaries

The firm has purchased five fund stakes from a bank just a week after purchasing a £160m portfolio of assets from UBM’s data services division.

Advantage in 7x Japan secondary sale

Advantage Partners will sell a coffee shop franchise to MBK Partners for about $480 million, highlighting a growing trend of GP-to-GP secondaries in Japan.

New Jersey explores $1bn real estate secondaries sale

The $70.8 billion pension system is considering a massive sale of real estate holdings in a continuing effort to cull under-performing or redundant investments from its portfolio.
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