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Single-asset GP-led deals

The process on the world's second-largest talent agency was led by Goldman Sachs, with ICG and Neuberger Berman as part of the investor group.
The single-asset process is focused on Hispanic food-focused Flagship Food Group, which was subject to a GP-led process in 2018.
The $500m continuation fund marks the entry of one of Asia's largest buyout shops, MBK Capital, into the GP-led secondaries market.
The process on Coastal Waste & Recycling was around $90m in size including follow-on capital, Secondaries Investor understands.
The deal is the second that Glendower has backed in healthcare in recent months, following the €700m DomusVi process last month.
Deal closed three months after Secondaries Investor reported the alternatives giant was set to back the transaction.
The Carlyle unit has deployed $1.4bn of its latest ASP VII programme, which closed on $10.2bn in December.
bull market
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.
Secondaries Investor reported in March that ICG was working with Lazard on ways to hold on to the care home provider for longer.

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