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As buyers position themselves in the market, they need to ensure they have all the ‘whistles and bells’ to cater to sellers and investors, CVC Secondary Partners’ head, Carlo Pirzio-Biroli, tells PEI Secondaries Investor.

The close of the asset manager’s $1.5bn CFO marks the latest example of its work to expand its private markets offering to a wider set of investors, co-head of private markets product at Franklin Templeton, Jake Williams, tells PEI Secondaries Investor.

The new legislation will bring buyers’ offshore execution to an end, which under stamp duty came with its own grey areas in a digital age, Hogan Lovells Cadwalader’s Elliot Weston tells Secondaries Investor.

While more capital is entering infra secondaries, much of it is being deployed by relatively new entrants in a market characterised by variety, the Paris-headquartered asset manager’s co-CEO tells affiliate title PE Hub.

The GP stakes giant is ‘excited’ at the prospect of working with the tail-end specialist to grow it into ‘one of the premier operators in this market’, founding partner and chief executive John Carter tells Secondaries Investor.

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.

The manager’s $1bn CFO created access for insurance investors that had lost the ability to back PE, while offering a compelling capital raising strategy for the firm itself.

Pricing on VC secondaries is less attractive now, says Schroders Capital venture chief Steven Yang.

The placement agent’s co-lead for secondaries tells affiliate title Buyouts that she also expects more mid-market GPs to raise funds targeting investment in continuation vehicles.

The small buyout specialist’s latest secondaries vehicle surpassed its $1bn target and will invest in both LP- and GP-leds.