direct secondaries

Evoco has raised €162m to acquire portfolios of companies in the European lower-mid-market, with a particular focus on German-speaking countries.

Strip sales have not been as pervasive as other forms of direct secondaries like GP-led continuation funds and single-asset deals.

The VC secondaries market is booming but buyers should beware entering a booming market at a time of sweeping change.

Ardian has backed several sizeable deals designed to grow an investment manager's third-party AUM, involving groups such as Mubadala and John Hancock.

The asset management arm of Abu Dhabi's second-largest SWF has sold a portfolio of assets to a group led by BlackRock and received a $400m primary commitment.

The new entity – Bee Alternatives – plans to raise approximately $280m across two feeder funds, one managed by the firm and another by Ant Capital.

'Are we smart financiers or do we really get into the technology? No, we’re psychologists', managing partner Hugh Stewart tells Secondaries Investor.

The California firm, founded by StepStone's former secondaries head, targets 'buyer-driven' secondaries deals in the tech, healthcare and consumer sectors.

The direct secondaries investor has made three exits in as many months and is mulling its first commingled fundraise.

Argosy Strategic Partners is led by former Willowridge Partners executive Christopher Kim and targets small portfolio and direct secondaries deals.