GP-leds

Two London-based executives will join in the second quarter of this year to lead a practice focused on GP-led transactions.

Debevoise & Plimpton worked on $9.7bn of secondaries transactions in 2019, all in private equity, according to Secondaries Investor's latest legal survey.

Presenting the biggest and most eye-catching transactions in a year plagued by uncertainty and volatility amid the covid-19 pandemic.

The deal comes on the back of a single-asset process last year the firm carried out on Upstream Rehabilitation, which Coller Capital invested in.

The consumer-focused buyout shop received a direct bid for frozen food business Picard, which some LPs viewed as a better option.

This so-called 'status quo' option has gone a long way in helping get LPs comfortable with GP-led liquidity processes.

AIMCO invested €400m of equity in the deal centered around Aurelis Real Estate, a leading Germany-based light industrial real estate company.

Three things to look out for in the secondaries market over the next 12 months.

The world's largest asset manager expects to hold the final close on its debut secondaries fund in Q1 2021.

Nordea Private Equity's secondaries fund is managed by Christen Estrup and former Partners Group executive Julien Marencic.