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Single-asset GP-led deals

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Here are five things to know about the state of the market for when you return to the office after your much deserved mid-year break.
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The firm expects the volume of single-asset deals to 'increase materially', senior managing director Nigel Dawn told Secondaries Investor.
The buyout shop sold a minority stake in Belron in July, valuing the glass repair business at €21bn and setting the price for a single-asset process.
The Carlyle unit has deployed $1.4bn of its latest ASP VII programme, which closed on $10.2bn in December.
Secondaries Investor reported in March that ICG was working with Lazard on ways to hold on to the care home provider for longer.
The process, focused on medical equipment company medifa, was designed to replace an LP stepping away from the buyout market.
Four executives from LGT Capital Partners speak to Secondaries Investor about its recent $6bn raise for LP stakes and concentrated deals.
Ashbridge Transformational Secondaries Fund II is targeting $3.5bn to invest in complex deals, with single-asset restructurings a key focus.
Top 5 fundraises
Private equity, and secondaries especially, is a people business, so it’s no surprise to see what has drawn the most sets of eyeballs during the first half of the year.
The Canadian growth investor is raising a fund to reinvest in its best assets, having used a GP-led deal to buy out select LPs and co-investors.

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