Lexington picks up Electra assets
The London-listed PE fund sold Photobox and Knight Square for 103% of their carrying value and will now proceed to wind down the remainder of its portfolio.
Capital Dynamics backs Indian fund restructuring – exclusive
The deal, advised by Duff & Phelps, involved three healthcare assets.
Pantheon PIP invests £46m in secondaries
The listed vehicle made four secondaries investments in the three months to the end of August, including in a portfolio of US growth funds and an American gas producer.
Neuberger in Wind Point GP-led close – exclusive
Investors in a 2006-vintage, $715m US mid-market buyout fund were given the option to sell or roll over into a five-year continuation vehicle.
Verdane exits to Nordic cleantech specialist
The firm is selling special metals services provider Scanacon Intressenter, which it acquired in 2012 through a take-private deal.
PAI finalises Landmark-backed single asset restructuring on Fund IV
The firm has confirmed it will move Swedish chemical manufacturer Perstorp into a vehicle backed by Landmark Partners, two months after Secondaries Investor first reported on the deal.
ECI tax holds up secondaries deals – report
Holding tax on effectively connected income has significantly increased the time taken to execute deals, according to intermediary Elm Capital.
Stonepeak increases Fund III GP commitment with $350m Landmark deal
The investment, which does not give Landmark an ownership stake, will allow Stonepeak to expand its credit business.
‘Significant opportunity cost’ drives Minnesota to seek buyers in $500m sale
The $96bn pension administrator's board approved a price discovery exercise, documents show.
ICG confirms PineBridge spin-out restructuring
Secondaries Investor reported in July the deal to restructure the €523m New Europe Partners II fund had closed.
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