Private equity

Clipway soars past target to reach $6.4bn for debut fund

The firm’s inaugural vehicle launched in June 2023 with a $4bn target, Secondaries Investor data shows.

Download: Secondaries fundraising surpasses $50bn in first half

Secondaries fundraising saw its second-strongest first six months across a six-year period, with Q1 accounting for the bulk of activity.

Louisiana Teachers to explore PE secondaries sale

The pension plan is hoping to reduce its allocation to buyout assets, increase its liquidity and cull ‘inactive’ GP relationships.

Credit manager Serone launches buyout secondaries strategy

The London-headquartered manager has made hires from Ardian and UBS to co-lead the strategy, and has launched a debut fund, Secondaries Investor understands.

Changing with the market

Introducing Secondaries Investor’s new and improved Advisory and Law Firm surveys – a more granular way of tracking an increasingly sophisticated marketplace.

Secondaries activity expected to pick up in H2 after bumpy first half

Ahead of first-half volume reports, secondaries advisers share their views on what the market can expect in H2 following the latest wave of macro volatility.

Summer reads: Buyers’ best picks

Secondaries Investor’s list of buyers’ top book and podcast recommendations offers something for everybody to enjoy on this year’s vacation.

Patria’s Knechtli: Secondaries dealflow continues to unlock as DPI issues persist

The firm’s focus on smaller-size secondaries has helped differentiate its latest secondaries fund – which recently closed on $677m ahead of its target – from peers, head of secondaries Patrick Knechtli told Secondaries Investor.

Eurazeo surpasses target for its largest-ever secondaries vehicle

The €2.3bn Fund V has raised more than double the amount of its 2021-vintage, €1bn predecessor.

BCI seeks ‘good returns’ from newly launched capital solutions strategy

While more LPs are participating directly in CVs and secondaries transactions, such investors remain ‘the exception, not the norm’ in the market, according to BCI’s global head of PE.