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.

Two Apax funds attract tail-end interest

Strategic Partners, Committed Advisors and Willowridge Partners have picked up tail-end stakes in Apax's Europe funds VI and VII.

Warburg Pincus taps Lazard to explore secondaries process – exclusive

The deal by one of the world's biggest private equity managers could be in the 'multibillions', Secondaries Investor has learned.
Dutch flag - Nederlandse vlag

APG snaps up entire DIF II infra portfolio

The €700m deal involves 48 European and UK assets in a GP-led process run by Campbell Lutyens.

BC LPs have 5 weeks to decide on Fund IX tender

Investors including CDPQ, Florida SBA and LACERA received a letter on Wednesday outlining the terms of the secondaries transaction, which includes a stapled commitment to the buyout firm’s latest fund.

Fenway cancels Prudential restructuring offer – exclusive

LPs were unhappy with the 'heavy discount to NAV' being offered for stakes in the 1998- and 2006-vintage funds, Secondaries Investor has learned.

Northleaf picks up Pantheon stakes from chocolate maker

The deal involves feeder fund stakes in two Pantheon secondaries funds and a fund of funds vehicle, UK regulatory filings show.

Royal Mail deal delayed by pricing date – exclusive

Talks with alternative buyers are ongoing, Secondaries Investor understands.

Landmark backs ICG mezzanine restructuring – exclusive

The €650m deal moved assets from Recovery Fund 2008 into a new vehicle.

Lexington buys raft of stakes from German media firm

The stakes were accrued as part of ProSiebenSat 1 Media's 'media-for-equity' programme, through which it exchanges media coverage for equity stakes in promising companies.
Finland

HarbourVest acquires debt stakes from Finnish insurer

The deal involved Varma Mutual Fund Pension selling part of its stakes in two MML Capital Partners mezzanine funds to the investment manager.
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