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Quadriga LPs mull fund restructuring – exclusive

The German manager is seeking up to four years to be able to maximise the value of its remaining assets, Secondaries Investor has learned.

Halder invites bids for fund restructuring – exclusive

The €325m, 2008-vintage Halder-GMIV Germany II contains seven small- and mid-market assets.

ICG Strategic Secondaries II fund is 40% invested

The asset manager has confirmed a $1.1bn haul for the vehicle, three months after Secondaries Investor reported it had held the final close.

Warburg Pincus taps Lazard to explore secondaries process – exclusive

The deal by one of the world's biggest private equity managers could be in the 'multibillions', Secondaries Investor has learned.

APG snaps up entire DIF II infra portfolio

The €700m deal involves 48 European and UK assets in a GP-led process run by Campbell Lutyens.

Proposed UK tax shake-up may hit secondaries

A recommendation to digitise stamp duty payments could expose fund managers restructuring, reorganising or transferring partnerships to more tax.

Why firms buy and sell secondaries

In this extract from The Secondaries Market, Brian Mooney and Jeremy Joersz of Greenhill Cogent discuss seller motivations and buyside demand drivers.

Portobello returns to market after restructuring

The Spanish firm is seeking around €600m for its fourth buyout fund after a GP-led process on its 2015 Fund II with HarbourVest Partners.

Three unusual deals of H1

Record half-yearly fundraising means buyers have had to expand their investment scope to chase promised returns. Here’s a trio of innovative transactions that caught our eye.

Fenway cancels Prudential restructuring offer – exclusive

LPs were unhappy with the 'heavy discount to NAV' being offered for stakes in the 1998- and 2006-vintage funds, Secondaries Investor has learned.