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.

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ICG, TPG and CVC back latest mammoth CV-on-CV deal

ICG has once again stepped up as a lead investor on CapVest's CV, having led the original continuation fund for Curium in 2020.
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Strategic Partners, Neuberger step up as lead investors on Trilantic’s ‘precedent-setting’ full-fund CV

Trilantic’s deal is viewed by many in the secondaries market as a potential precedent setting transaction that could serve as a model for other mid-market firms facing fundraising challenges.
Canadian dollars in green envelope

CPP discloses commitment to CVC’s single-asset, two other secondaries deals

The deals add to what has been a busy year for the Canadian pension, which has been an active participant on the buy and sellside of the secondaries market.
Photo of a tree canopy.

MainePERS considers secondaries sales for its natural resources portfolio

The pension plans to streamline its real asset portfolio and aims to meaningfully reduce its GP relationships over the next three years.

Cerberus runs $2bn single-asset CV on subsea communications asset

The New York-based manager has joined a wave of GPs seeking to extend ownership of their best assets through the CV market.

Lexington and Ham Lane pick up Odyssey’s $1.5bn single-asset CV

Lexington is the lead buyer, with Hamilton Lane participating as a co-lead on the deal, which has received strong pricing, sources tell Secondaries Investor.
vet care, pet care, veterinarian, dog, bernese mountain dog

HarbourVest leads on $1bn single-asset CV for vet services company

The transaction run by Chicago-headquartered investment firm Tyree & D’Angelo Partners was oversubscribed, Secondaries Investor understands.
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TPG, CVC and Partners Group line up on €2bn single-asset CV-on-CV deal

Montagu Private Equity's latest CV is one of the largest single-asset deals to come out of Europe this year as GP-led secondaries activity continues in earnest in the region.

Carlyle AlpInvest buys in on GBL’s €1.7bn portfolio sale

Belgian holding company Groupe Bruxelles Lambert has confirmed its unit GBL Capital will no longer make new commitments as it secures a dozen transactions.
puzzle deal

Stone Point closes multi-asset CV on more than $3bn

Roughly half of the CV's value is concentrated in two portfolio companies, Secondaries Investor understands.
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