Deals

EQT has set up an open ended structure for EdgeConnex to support the data centre platform's long-term growth opportunity, head of business development Gustav Segerberg said on the firm's full-year 2025 earnings call.

The transaction marks EQT's entrance into the secondaries market and expansion into insurance offerings, with secondaries doyen Jeremy Coller reporting to chief executive Per Franzén.

A raft of secondaries investors participated in Crescent's continuation vehicle, including co-lead Allianz Global Investors.

The pair will eye 'additional areas of collaboration' amid the insurer's plans to raise its alternatives exposure.

The secondaries specialist is positioning itself to take advantage of a ‘silver tsunami’ in the US and Europe.

Many GPs have been seeking ways to sort out assets lodged in older funds, with limited partners increasingly seeking liquidity.

The latest tool from the digital LP-led marketplace allows buyers to share fund stakes of interest and then lets the sellers come to them.

Despite economic headwinds and geopolitical uncertainty, there is still a strong appetite for North American secondaries in 2026, sources tell Secondaries Investor.

The sale is expected to be the first in what could be a series of fund stakes offerings by the sovereign fund as it works to manage its portfolio.

The continuation vehicle is the latest to receive a commitment from the sovereign wealth fund that continues to establish itself in the secondaries buyside.