PEI Group Data

Last quarter saw 11 continuation vehicles close, with a dozen more hitting or looking to hit the market, according to data gathered by Secondaries Investor.

The deal marks the first CV for mid-market specialist Estancia Capital Partners, Secondaries Investor understands.

ICG Strategic Equity Fund V is more than double the size of its predecessor, which closed on $5.3bn in 2022.

Last year saw 70 continuation vehicles close, with scores more hitting the market, according to data gathered by Secondaries Investor.

CVC Secondary Partners doubled its secondaries deployment year-over-year in 2024, according to its full-year activity update.

Secondaries was among strategies with the most acceleration driving Carlyle's deployment pace last year, CFO John Redett says on an earnings call.

Strategic Partners will soon begin fundraising for the successor to Strategic Partners Fund IX, which closed on $22.2bn in January 2023.

Glouston Private Equity Opportunities VII closed on $558m, making it the firm's largest vehicle to date.

Fundraising for secondaries strategies last year reached just under $100bn, falling short of 2023’s record haul for the sub-sector.

The $1.2bn secondaries transaction involves R1 RCM, a healthcare sector revenue cycle management services provider.