The Blackstone unit has tapped its latest real assets fund to emerge as the winner of a competitive tender offer process run by Campbell Lutyens.
The Nordic direct secondaries firm acquired the interest in Exensor in 2013 when it acquired the remaining assets of a 2000-vintage VC fund.
The Singaporean sovereign wealth fund has noted that high pricing amid global market uncertainty will deliver inadequate returns.
As the investment firm's head of secondaries, Jason Gull experienced a daily adrenalin rush. He tells Secondaries Investor about how his life has changed since retirement.
The listed arm of SL Capital Partners acquired three stakes in the six months to March.
As much as 30% of the fund will be invested in secondaries and direct co-investments.
A hung parliament may mean more uncertainty in the short term, but opens up the possibility of a favourable deal for the financial sector.
The direct secondaries firm has made the fifth deal from Verdane IX by buying a majority stake in Propellerhead Software.
SL Capital Partners' listed FoF paid a 2% premium, compared with a 2.5% discount for a stake in the same fund in September 2015.
The deal includes 97 retail, office and hotel assets in Sweden and Finland and is the second large portfolio Partners has acquired from Sveafastigheter.