GP-Leds

The deal involves just under €350m of NAV in the Swedish mid-market private equity firm's 2007-vintage fund, Secondaries Investor has learned.

The secondaries investors also committed to a blind-pool fund which the UK buyout firm will use for co-investments.

The team joins asset manager Patrimonium three months after the successful restructuring of its 2007-vintage fund.

GP-led transactions and mega-deals will continue amid a possible drop in pricing.

Secondaries Investor's most-read stories of the year.

How did the region fare during the year?

Secondaries firm Coller Capital backed Irving Place Capital to add five years to its third fund and offer an attractive package to LPs.

The growing trend in secondaries trades via fund restructurings should be more popular with investors, writes Ashley Marks, director at CAPRA Global Partners.

The mezzanine powerhouse is nearing the $1bn target for its restructurings-focused vehicle, Secondaries Investor has learned.

More than half of investors looking to deploy $500m or more access the secondaries market by purchasing stakes, the most popular method, according to a survey by Probitas.