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Nordic’s Melinder: LPs need time in complex GP-led deals

What’s it like being the GP at the centre of the largest ever GP-led restructuring? Nordic Capital managing partner Kristoffer Melinder discusses key learnings from its transaction.

France’s Oddo seeking €300m for debut secondaries fund

The asset manager acquired the secondaries and fund of funds arm of ACG Group for €1.8bn last week, marking its entry into private equity.

ACG sells FoFs, secondaries arm to focus on directs

Asset manager Oddo BHF has acquired the fund of funds unit in its first foray into private equity.

Tullett Prebon alternatives head departs

The interdealer broker's alternatives team will remain intact despite Alastair Sword's departure – the latest in a series of exits.

Secondaries have a spring in their step

Spirits are high in the European secondaries market despite some jitters around dry powder.

Federated swoops in for £246m Hermes stake

The UK investment manager raised an £845m secondaries fund in 2013 and incorporates the strategy into its growing SMA business.

Pomona buys Kodak portfolio

The UK pension plan born out of the bankruptcy of photography giant Eastman Kodak has offloaded stakes in Bridgepoint and PAI Partners funds, among others.

Secondaries fundraisers make PEI rainmakers list

Coller Capital, Park Hill and Campbell Lutyens are among the firms featured on PEI's list of the 50 best fundraisers in private equity.

ICG returns seeking $1.6bn – exclusive

The firm's last dedicated secondaries fund, focused mainly on end-of-life processes, closed in April 2017 on $1.1bn.

Montana doubles up for fourth fund

The niche secondaries firm has hit the €800m hard-cap on its latest fund, two months after Secondaries Investor revealed it had passed the €650m mark.

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