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.

Composition Capital Partners to wind down

The real estate fund of funds manager had explored an asset sale on the secondaries market last year.
staple

BC Partners seeks staple for Fund X – exclusive

LPs in the buyout firm's 2011-vintage €6.7bn ninth fund will be offered bids for their stakes in the summer, Secondaries Investor has learned.

Verdane snags fishing hook maker

This is the seventh investment from the Nordic direct secondaries firm's Verdane Capital IX.

PIP invested £74m in secondaries during April

Pantheon's listed fund made three secondaries deals during the month, including a £40m stake in a North American buyout fund.

Dancing to its own tune: how Ardian won Mubadala

The secondaries giant’s record deal with the Gulf sovereign wealth fund prompted admiration and wariness among its peers — not that it is paying much attention.

Prudential backs Fenway restructuring – exclusive

The investment arm of the insurance giant has offered investors in the private equity firm's two latest funds the option to cash out.

South Dakota buys stake in Blackstone energy fund

The $11bn pension has increased its exposure to the private equity giant's 2015-vintage BEP II.

CIVC fundraise helped by Montana staple

Montana Board of Investments sold out of the Chicago firm’s Fund IV at a premium, with an undisclosed buyer committing to Fund V.
Greenwich

Kline Hill’s debut fund 50% invested

The fund's purchases include stakes in two Akina Partners funds acquired with secondaries firm Newbury Partners.

BlackRock, Strategic Partners in series of tail-end deals

Strategic Partners VII has picked up a glut of stakes in technology-focused funds.
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