Ardian, Carlyle AlpInvest, HarbourVest and Lexington lead on Norvestor’s €2bn+ CV – updated
One of the assets in the two-company continuation fund is housed within an existing multi-asset CV closed in 2022, Secondaries Investor has learned.
Federated Hermes secures $600m pref equity deal from Carlyle AlpInvest
Horizon II, a private equity mandate Federated Hermes was awarded by the BT Pension Scheme, has received the LP-interest financing.
HarbourVest, Blackstone, Pantheon to buy in Yale’s PE portfolio sale
The overall buyers on the deal could account for a portfolio of around $3-$4bn, Secondaries Investor understands.
QHP Capital runs single-asset CV process for pharma company – updated
It's not the first time that the North Carolina-based PE firm has run a CV to extend its hold of a top-performing asset.
Mirova ‘wrapping up’ fundraising for €100m continuation vehicle
Mirova first invested €150m in TagEnergy in 2022.
PAI Partners seeks cherry on top with second CV for ice cream maker
The European investment firm is after a double scoop on ice cream maker Froneri, having completed a concentrated multi-asset deal on the asset in 2019.
Ares leads on Antares’ $1.2bn credit continuation vehicle
The deal allowed Antares to acquire its 100 underlying first-lien, floating rates loans.
Malaysia’s Khazanah mulls $1bn-plus portfolio sale
Khazanah joins a number of APAC sellers this year, with Malaysia's EPF and China Investment Corp also looking to offload portfolios.
StepStone emerges as buyer for Taiwan Life’s PE portfolio sale
The deal marks another notable transaction by a Taiwanese insurer following Fubon Life's over $1bn sale of a private market portfolio.
Flexstone Partners mulls running secondaries process in future on pan-Asia fund of funds
Flexstone Partners Asia Selection III is now fully subscribed for by the firm’s majority shareholder, Natixis Investment Managers, and will invest its capital over the coming years, chief executive Eric Deram tells Secondaries Investor.