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.

Madison in £200m London real estate purchase

The direct secondaries specialist has purchased a 50% share in a collection of properties that include the building that houses the London Stock Exchange.
Dallas

Dallas Police & Fire shops $614m mixed portfolio

The troubled pension was expected to approve the sale, which includes private equity and real assets stakes, on Thursday.

HarbourVest: Charting the uncharted

Secondaries Investor sat down with the winners from the most-talked about deal of the year, HarbourVest Partners, to discuss complex deals, what's next for the firm, and those three little letters: SVG.

Goldman leads Duke Street restructuring – exclusive

The investment bank's private equity unit may syndicate the deal on the €963m Duke Street Capital Fund VI, Secondaries Investor has learned.

Advanced Capital to offload portfolio in UBS-run sale

The deal involves 26 stakes held in the Italian fund of funds' 2006-vintage vehicle, Secondaries Investor has learned.

Florida SBA explores portfolio sale

A senior investment officer at the $180bn pension previously said secondaries had become a "very useful portfolio construction tool".

Verdane makes second deal from Fund IX

The Nordic direct secondaries firm has invested in a Finnish software company through a combination of direct and secondhand shares.

New Mexico allocates $10m for Lone Star secondaries

The state's Educational Retirement Board has said it wants to acquire secondaries stakes in the the distressed debt and equity manager's latest fund.

Montana bypasses advisors to save $100k in stake sale

The state's Board of Investments sold stakes in two private equity funds at a premium to NAV and did not use an advisor, meeting minutes show.

Partners and SL Capital buy SMA in CalPERS sale

The deal was part of the US's largest public pension's $2.7bn portfolio sale which is yet to completely close, Secondaries Investor has learned.
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