Home Restructuring


Debt fund GP-led deals enjoy bumper first half – report

Credit and distressed funds accounted for 20% of GP-leds deals in H1, according to data from Greenhill.

DLA Piper makes GP-led play with Hogan Lovells hire – exclusive

Adam Tope will focus on infrastructure, energy and real estate GP-led restructurings.

Idinvest backs two Three Hills GP-leds – exclusive

The €192m deal follows Three Hills' acquisition of half of Hutton Collins' debut fund, including burger chain Byron, via a secondaries deal in 2018.
light bulb innovation

Single asset deals are pushing the innovation envelope

Recent deals involving Bluegem Capital and Warburg Pincus have put a new spin on single-asset restructurings, raising interesting questions for LPs.

Glendower buys Liberty stake via single-asset deal

The secondaries buyer becomes a minority shareholder in the high-end UK department store alongside principals from former owner Bluegem Capital.

Germany’s Capiton eyes single-asset pharma deal – exclusive

Park Hill is understood to be running the process which involves omega-3 producer KD Pharma Bexbach.

Blackstone Tac Opps Fund runs single-asset restructuring – exclusive

The deal involves Phoenix Tower International, which is held in the firm's $7bn 2012-vintage vehicle.

Nine takeaways from ILPA Principles 3.0

The LP body’s latest best practice guidance recognises the growing role of GP-led secondaries.

AlpInvest to back Warburg single-asset deal – exclusive

The process on the 2011-vintage $11.2bn Fund XI will give the private equity giant liquidity while allowing it to continue managing a prize asset.

Neuberger closes Bain credit fund restructurings

A few dozen positions held in the 2005- and 2007-vintage Sankaty Credit Opportunities Funds II and III were moved into a separate vehicle in a deal that closed in early June.

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