Fremman’s fund for nursery operator Kids Planet is over £400m in size, while MCH has raised €300m for a vehicle to house a frozen baked goods asset, Secondaries Investor understands.
The investment bank is seeing a boost in interest in other sectors as the secondaries market reacts to tech disruption, managing director Michael Pilson told Secondaries Investor.
Secondaries Investor had reported that Jonathan Au had departed CVC in June last year, having joined the firm in 2021.
A valuable product at a discount, eliminating the J-curve and a chance to exploit inefficiency are among buyers' priorities.
The LP secondaries specialist became a Charlesbank Capital Partners portfolio company this month.
The pension fund is set to make its second cut to its PE target in four years, with the LP suggesting it may make secondaries sales in specific scenarios.
The investment bank had hired Rothschild’s London-based head of GP Solutions late last year.
Overbay will retain control and independence of all investment activities following the investment.
A higher percentage of LPs choosing to roll into CVs would be a 'healthy' sign for the market, Lexington Partners' Christophe Browne said at NEXUS 2026.
W Capital Partners believes it's important to compound and grow assets within original funds to mitigate what it believes will become 'more of a K-curve market', David Wachter said at NEXUS 2026.