LACERA sells Jordan Co stake ahead of portfolio sale close
The stake in Resolute Fund II, which priced at par, is separate to the $1bn-plus portfolio divestment.
Northleaf backs LBO France stapled deal – exclusive
The firm has acquired stakes in the 2010-vintage buyout fund of one of France's oldest private equity houses.
PineBridge raises $880m for portfolio deal
The vehicle's close comes two months after Secondaries Investor reported the firm and Ardian were the buyers of a portfolio from American International Group.
Ardian to back Bridgepoint credit fund staple – exclusive
The investment firm will commit to Bridgepoint's latest credit fund as part of the deal, Secondaries Investor understands.
Lyceum uses stapled deal to relaunch firm – exclusive
The team behind one of the UK's best-known mid-market firms has formed Horizon Capital, backed by a group of investors including Pantheon and Idinvest Partners.
Montana SBI breaks with FoFs through portfolio sale
The pension sold a $70m portfolio made up predominately of mature funds of funds stakes as part of its plans to move away from the strategy.
Lexington backs Eurazeo off-balance sheet deal – exclusive
The French investment firm, which owns companies including restaurant chain Léon de Bruxelles, is moving around €600m of assets off its balance sheet.
ABN AMRO seeks buyers in PE unit spin-out – exclusive
The team is seeking buyers to back a portfolio of 25 Dutch companies and provide capital for a new private equity fund, Secondaries Investor has learned.
When the highest price isn’t always best
LPs should consider what an offer from a secondaries buyer means for a GP's future, according to panel participants at an industry conference in London.
OTPP shops $1bn-plus portfolio – exclusive
The $256bn Canadian pension has sold stakes before, including a large private markets portfolio to Ardian in 2016.