GP-Leds

With the advent of the fundless GP-led deal, traditional GP-led restructurings are so 2017.

The Deutsche Bank spin-out has led a consortium that backed a deal involving moving six of Argonne Capital's assets, including three IHOP franchises, into a continuation vehicle.

This is the second GP-led process carried out on Doughty Hanson IV, the first of which HarbourVest Partners backed in 2015.

In part II of sister publication Private Equity International's secondaries roundtable, market participants discuss the shift in GP-led restructurings, the importance of looking after LPs and mega-fundraises.

In part 1 of sister publication Private Equity International's secondaries roundtable, market participants discuss restructurings, hybrid structures and why European GPs are leading the way.

A lack of industry standards makes measuring the size of secondaries deals tricky in a fast-evolving market.

The firm is in late-stage talks with a potential backer to restructure its 2007-vintage New Europe Partners II vehicle, Secondaries Investor has learnt.

The Italy-focused buyout firm was mulling a process on its 2007-vintage vehicle, which has four remaining assets including a shoe manufacturer.

The listed fund manager made secondaries investments in Oak Hill Capital Partners and backed a restructuring, according to its preliminary annual results.

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.