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.
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.
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.