direct secondaries

Early shareholders in the technology company sold to a consortium led by HPE Growth Capital via a direct secondaries deal.

At least $36bn worth of fund stakes changed hands in the first half of the year with GP-led deals accounting for 34% of the total, according to the intermediary.

The direct secondaries specialist has been in market for at least a year targeting $750m.

The Asia specialist is seeking $850m for direct secondaries and sponsor-led deals, which account for a growing proportion of its investments.

The firm has hit the target of its Bridge No5-B Private Equity Secondary Investment Fund and launched its latest direct secondaries vehicle.

The Nordic direct secondaries specialist has hit the hard-cap on Verdane Capital X, which is double the size of its 2016-vintage predecessor.

NewView Capital Management, which acquired a portfolio of 31 stakes from VC-giant NEA, used them to seed its debut fund.

The firm is selling special metals services provider Scanacon Intressenter, which it acquired in 2012 through a take-private deal.

This year’s list welcomes a fresh spin-out, a direct secondaries player and niche specialists.

The UK’s Electra Private Equity may have ended its search for a buyer, but its five remaining assets remain in play. Will anyone be brave enough to buy them?