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.

Neuberger Berman backs Fondo Italiano spin-out

The investment firm has acquired minority direct stakes in the fund's portfolio companies and will work with the Italian manager to raise a country-focused fund.

Carlyle stakes trade hands

Blackstone's Strategic Partners acquired stakes in the firm's 2007-vintage European technology fund, and 2003- and 2007-vintage European buyout vehicles.
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Headway makes 2x exit on French animation studio

The firm, which focuses on smaller, more complex secondaries deals, has nearly fully invested its third fund and is halfway to raising a fourth.

Verdane makes ninth investment from latest fund

The Nordic direct secondaries specialist has invested 40% of its 2016-vintage fund, Secondaries Investor has learned.

HarbourVest to back Innova restructuring – exclusive

The deal involves the Polish private equity firm's 2010-vintage fund and investors have the option to sell or roll over into a new vehicle, Secondaries Investor has learned.
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Wisconsin buys $231m RE portfolio

The $104bn US pension has acquired interests in eight funds, having previously been an active seller on the secondaries market.

Apax pulls GP-led deal – exclusive

The buyout firm is no longer proceeding with its proposal to move assets from Apax Europe VII into a continuation vehicle, Secondaries Investor has learned.

Schroder Adveq picks up UK tail-end stakes

The firm's mature secondaries fund has acquired stakes in vehicles managed by Vision Capital, DH Private Equity and Abingworth, among others.

Pantheon PIP invests £51m in secondaries

The listed vehicle invested in six secondaries deals in the three months to the end of August, including transactions in transport, energy and turnaround funds.

The stakes Florida SBA sold to Ardian

Carlyle, Apollo and Blackstone funds were among those that changed hands in the deal involving $644m of NAV.
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