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stapled deals

BC Fund IX LPs agree $1bn staple deal with Lexington

Twenty-two LPs sold stakes to Lexington Partners, which has made a staple commitment to BC Partners’ latest fund worth around 30% of the total.

BC LPs have 5 weeks to decide on Fund IX tender

Investors including CDPQ, Florida SBA and LACERA received a letter on Wednesday outlining the terms of the secondaries transaction, which includes a stapled commitment to the buyout firm’s latest fund.

Coller offers liquidity to LPs in Avista staple – exclusive

Avista IV will invest solely in healthcare assets.

Do ‘toe-hold’ primary positions still give buyers the edge?

Being a source of primary capital to the underlying GP can help you win a secondaries deal – as long as your competitors haven't had the same idea.

BC Partners seeks staple for Fund X – exclusive

LPs in the buyout firm's 2011-vintage €6.7bn ninth fund will be offered bids for their stakes in the summer, Secondaries Investor has learned.

CIVC fundraise helped by Montana staple

Montana Board of Investments sold out of the Chicago firm’s Fund IV at a premium, with an undisclosed buyer committing to Fund V.

An engulfing deal

The biggest-ever private equity stapled deal is another example of the secondaries market’s innovation and creativity.

Ardian invests $2.5bn in Mubadala deal

The investment firm has made what is understood to be the largest stapled private equity secondaries deal.

Adams Street leads consortium on ABS staple – exclusive

The global investment firm was the biggest investor in a deal that involved ABS' 2009 and 2012-vintage funds, Secondaries Investor has learned.

AlpInvest former managing director starts new firm – exclusive

Tjarko Hektor, who worked on North American secondaries at Carlyle's fund of funds until last year, has launched New 2nd Capital, focusing on GP-centred transactions.