Asset classes

Hamilton Lane leads single-asset CV for wealth management asset

The Cynosure Group is moving RIA firm Savant Capital Holdings into a single-asset CV.

Evercore bets on APAC secondaries growth with team overhaul

The advisory firm’s APAC private capital advisory unit has more than doubled its headcount since February, senior MD Ben Hart tells Secondaries Investor.

Family office GreenBear taps secondaries in portfolio revamp

Chief investment officer Vishnu Amble is keen on selling private equity fund stakes bilaterally as the family office pares its exposure to illiquid assets.

StepStone leads on Cabot’s £140m CV for Premier Modular

The modular buildings provider, which is part owned by MML, raised £360m from a group of European infrastructure investors.

High-conviction deals gained favour from secondaries investors in H1

AI disruption ‘reverberated’ across both the LP-led and GP-led markets in the first half of the year, according to Campbell Lutyens’ Gerald Cooper.

How much is too much leverage in CVs?

While lenders and buyers have both grown more accepting of leverage use in continuation funds, divisions remain over when and how these tools should be used.

Blackstone crosses $14bn mark for latest flagship raise

Strategic Partners Fund X is the secondaries market’s second-largest active fundraise by target, seeking $22.5bn, Secondaries Investor data shows.

China’s performance paradox: The opportunities and risks for secondaries

The RMB secondaries market has concluded its first full cycle. While there are opportunities to be had, there are risks to be overcome to ensure sought-after returns, writes Nebula Advisors’ Stanley Geng.

Lead Edge and Hamilton Lane lead Summit Partners’ $625m deal for NinjaOne

The SaaS provider has generated large returns following Summit’s initial investment, with LPs given a range of options to roll or cash out during the CV process, Secondaries Investor understands.

Secondaries volume extends record-breaking run in H1

‘The last several years have been very volatile… The fact that we still saw this record volume is remarkable,’ Jefferies’ Scott Beckelman tells Secondaries Investor.