Hiive, a trading platform for stakes in privately held companies, is led by former Setter MD Sim Desai and aims to launch in the spring.
All of the new senior managing directors within the bank's private capital advisory group are Secondaries Investor Young Guns.
The secondaries specialist, which merged with CVC Capital Partners in September, has created a new principal and three new vice-presidents.
The sale is one of several that hit the market since the second half of 2021, when traditional LP portfolio sales came surging back into the market.
Coller Credit Opportunities I came to market in May, targeting $750m, and is managed by partners Michael Schad, Ed Goldstein and Martins Marnauza.
Sizeable closes from Coller Capital, LGT Capital Partners and others anchored fundraising in a year when many players entered the growing market.
Single-asset deals accounted for 52% of sponsor-led deals by volume in 2021, up from 38% the year before, according to the adviser's annual survey.
The deal closed the books on Prospect’s $200m Prospect Partners III, with almost all of its LPs opting to cash out, partner Erik Maurer tells Secondaries Investor.
Chicago-headquartered RCP is in market with its fourth secondaries fund targeting North American lower-mid-market buyout funds.
Blackstone is on track to reach $20bn for its latest flagship secondaries fund, having nearly achieved its target in the space of a quarter.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: