UK

Kathryn Leaf, who will step aside from business development, will still focus on investments.

The promotions at the secondaries specialist comprise investment professionals in London and New York.

The deal involves moving several assets from Bridgepoint's €4.8bn crisis-era fund into a separate vehicle.

The secondaries house is seeking $9bn for Coller International Partners VIII and is understood to have already deployed more than $1bn from the vehicle.

The single-asset restructuring on 3i’s 2006-vintage Eurofund V makes perfect sense, provided the absence of an advisor doesn’t cause problems.

The UK private equity stalwart is understood to be running the process on its 2006-vintage buyout fund without an advisor.

The potential process is the latest in a string of blue chip GPs exploring secondaries processes on their funds.

The buyout firm has been in discussions with providers over a £500m finance facility for its 2013-vintage HgCapital 7 fund, Secondaries Investor has learned.

The promotion brings the total number of partners at the secondaries firm to 29.

The private debt firm has hired a Secondaries Investor Young Gun as a principal.