The secondaries firm is in pole position to back a GP-led process on Vitruvian Partners' 2007-vintage fund, which has around €850m in remaining NAV.
The portfolio, worth up to $5bn, comprises around 35 positions and is 75% unfunded, Secondaries Investor revealed in March.
The secondaries giant is closing in on the target of Lexington Capital Partners IX in what could be the biggest fund dedicated to the strategy so far.
Pfäffikon-based Martha Heitmann and Hong Kong-based Brooke Zhou were promoted in May, a spokeswoman confirmed.
Blue chip managers are using stapled secondaries deals to boost fundraising and provide liquidity to LPs. In this 17-minute podcast, lawyers from Proskauer, Debevoise & Plimpton and MJ Hudson discuss how GPs and LPs should approach this growing transaction type.
The €600m SAGA VII can make opportunistic secondaries purchases, according to partner Jesper Knutsson.
The firm has hired a Goldman Sachs Asset Management investment professional as it bulks up its secondaries team.
Aerial view of supported hands out together
The private equity giant's push into impact investing relies on the GP relationships and fund commitments its Strategic Partners unit has built.
In part 2 of sister title Private Equity International's secondaries roundtable, participants discuss fundless sponsor restructurings, single asset deals and how to find the upside of a market downturn.
The firm has raised $450m for Commonfund Capital Secondary Partners II in a final close.
si
si

Copyright PEI Media

Not for publication, email or dissemination