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Carlyle stakes trade hands

Blackstone's Strategic Partners acquired stakes in the firm's 2007-vintage European technology fund, and 2003- and 2007-vintage European buyout vehicles.
Exit sign - iStock

Headway makes 2x exit on French animation studio

The firm, which focuses on smaller, more complex secondaries deals, has nearly fully invested its third fund and is halfway to raising a fourth.

Glendower hires ex-Deutsche professionals

The Deutsche spin-out has brought on a New York-based partner and three other investment professionals.

Verdane makes ninth investment from latest fund

The Nordic direct secondaries specialist has invested 40% of its 2016-vintage fund, Secondaries Investor has learned.

Salary cuts bite European private capital execs

Some 15% of private capital executives saw a decrease in their year-on-year base salary in 2017, significantly higher than the 1% who reported a similar change last year.

HarbourVest to back Innova restructuring – exclusive

The deal involves the Polish private equity firm's 2010-vintage fund and investors have the option to sell or roll over into a new vehicle, Secondaries Investor has learned.

Lexington: newer vintages are the next opportunity

The transition away from tail-ends and GP-led restructurings is already happening, said Pal Ristvedt at BVCA's annual conference.

ILPA: secondaries returns picked up in Q1

Secondaries have under-performed the All Funds index across all timeframes under review, according to the LP association.

Children of the revolution

As the secondaries market continues to drive change in the world of private capital, there are lessons to be learned, according to panellists at the BVCA’s annual conference.

Montana Capital returns with Fund IV – exclusive

The Swiss niche secondaries firm took 10 weeks to raise its previous vehicle which held a first and final close on €406m in 2015.