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Deal-by-deal directs players have a bigger role to play

This rare breed of secondaries player could help push tricky fund recapitalisations over the line.

Headway completes first deal from HIP IV

The secondaries firm has backed the acquisition of a minority stake in a US medical billing company.

Glendower backs acquisition of Bridgepoint directs portfolio

The secondaries firm has provided direct secondaries buyer Compass Partners with €100m to acquire a mix of minority and majority stakes in three assets.

Second Alpha raises $76m for direct secondaries

Second Alpha Partners IV, which was in market for 15 months, has already invested in technology and media targets.

HighGear seeks $100m for VC secondaries

The firm, founded by former Industry Ventures partner Jim Jones, counts streaming service Pandora among its investments.

Healthcare partnership collects $227m for secondaries

Leerink Revelation Partners, which can by direct stakes and take positions in healthcare funds, has nearly $400m under management.

TR Capital hires ex-Temasek exec to lead Mumbai office

Norbert Fernandes, who spent four years at the Singaporean state investment firm, will head up the direct secondaries specialist's third outpost in the region.

TPG gains secondaries exposure with NewQuest stake

The acquisition of a 'significant' minority stake will help NewQuest expand its range of secondaries offerings and dealflow.

Cipio adds entrepreneur to investment team

The firm is investing Fund VII, a €174m vehicle, which invests in both direct secondaries and growth.

W Capital seeks $750m for Fund IV

The direct secondaries firm is targeting the amount it raised for its 2012-vintage previous fund.

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