Home Restructuring

restructuring

Vitruvian mulls restructuring of 2007-vintage fund – exclusive

The high-growth specialist is in early stage discussions about offering liquidity to investors in the €925m vehicle.

Park Hill on the swift evolution of the GP-led secondaries market

Jon Costello, head of the Secondary Advisory Group at PJT Partners, explains the impact on the broader private equity industry.

Single-asset deals: the case for making concentrated bets

Single-asset restructurings have exploded in popularity over the past 12 months, but are not to everyone’s taste.

Arcano and Adveq among backers of Emeram GP-led – exclusive

The German GP is understood to be working with advisor Park Hill on a tender offer process on its sole fund.
silhouette construction site .

Landmark: the critical aspects of a fund restructuring

GP-led deals are on the rise. How does this growth compare with historical levels, and what do these liquidity solutions look like from a secondaries investor’s standpoint? Landmark Partners’ Jamie Sunday and Ian Charles explain.

Pantheon leads Avenue credit GP-led – exclusive

The deal gave investors in Avenue Capital Group's 2011-vintage Europe Special Situations Fund II the option to sell their stakes at par or roll over into a new vehicle.

Four takeaways from Lazard’s sponsor-leds report – exclusive

The US overtakes Europe, buyers team up on deals, and energy and VC look primed for a strong 2019, according to the advisory firm's Financial Sponsor Secondary Market 2018 Year-End Review.

Lexington and StepStone among backers of Rockbridge stapled deal

The mid-market firm transferred four assets into a vehicle backed by $355m of secondaries capital.

Oregon: ‘aggressive’ behaviour in GP-leds is leading to alignment breakdown

The $75bn US pension says it has received 'innovative' and 'conflict-riddled' secondaries proposals.

Germany’s Emeram explored GP-led process – exclusive

The German mid-market firm has been working with advisor Park Hill on its 2013-vintage sole fund.

Copyright PEI Media

Not for publication, email or dissemination