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.

Lexington acquired stakes in $1bn Texas ERS sale

The deal closed around six months after a board member at the US pension expressed scepticism about selling stakes on the secondaries market.
Jeremy Coller_Coller Capital

Coller eyes 6.5x return from SVG

The secondaries firm acquired a 24% stake in the UK private equity firm through its 2006-vintage $4.8bn Coller International Partners V fund.

HarbourVest taps Dover IX for £1bn SVG bid

The global investment firm is using its latest dedicated secondaries fund for the take-private offer.
Arizona

CPPIB picks up stakes in Arizona pension sale – exclusive

The Canadian pension giant has emerged as the buyer of stakes in Apollo Global Management and Blackstone-managed funds, Secondaries Investor has learned.

Ardian tender offer for Bridgepoint III receives tepid response – exclusive

The global investment firm's offer of par to 30 June NAV was not taken up by the majority of LPs, Secondaries Investor has learned.

NewQuest makes debut deal from Fund III

The direct secondaries firm used its $540m Fund III to acquire 100% of back-office outsourcing firm Integreon.

Sobera Capital restructures German portfolio

The direct secondaries firm has hired three investment professionals and opened an office in Bavaria to help it manage the 23-asset portfolio.

LGT leads syndicate in Baring Vostok restructuring – exclusive

Limited partners in the Russian private equity firm's 2000-vintage fund will decide by early September if they want to sell their stakes, Secondaries Investor has learned.

First Reserve restructuring fails in ‘unfortunate perfect storm’

Intermediate Capital Group and Pantheon withdrew from the process to restructure the energy-focused firm's 2006-vintage $7.8bn fund last week.

Montana sells $30m in younger fund stakes

The $16bn state investor sold stakes in Summit Partners and TA Associates funds and has said it is considering future sales.
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