Private equity

Approximately 45% of Fund VI will be allocated to secondaries transactions amid constrained liquidity and elevated capital costs in Brazil.

The Campbell Lutyens-advised sale comes as the Eastman Kodak Company mulls a potential termination of its pension plan.

Warburg’s move comes as several other large GPs have built out internal secondary capabilities, including TPG and Leonard Green & Partners.

Pursuing both strategies via a single fund allows for better market timing and greater diversification, according to Montana Capital’s Marco Wulff and Eduard Lemle.

The Canadian pension giant was able to secure priority allocation and fill its intended exposure as the lead in the process, Secondaries Investor understands.

Some of the secondaries market’s biggest buyers have committed LP capital to Accel-KKR’s debut blindpool secondaries fund. What gives?

Secondaries investors expect pricing for GP- and LP-led deals to mostly increase or stay the same, with few expecting decreases.

Ardian, StepStone, Adams Street Partners and CPP Investments are LPs in the firm’s debut buyside fund.

Milan-based Ambienta is seeking a single-asset continuation fund, which will be classified as an Article 9 vehicle under the EU’s SFDR, Secondaries Investor has learned.

The firm has launched separate private credit and private equity vehicles focusing on mid-market opportunities.