Deals

The deal marks the second continuation vehicle process Meridiam has undertaken this year, with GIC backing its prior €2.2bn deal.

The firm has been raising its first pool focused on GP-led deals, collecting about $1.4bn on a $2bn target, PEI Secondaries Investor understands.

Foresight Group’s continuation vehicle for transport operator Kinetic comes as it winds up its Diversified Infrastructure Trust.

Klar’s CV process joins EMK’s in the market with both firms seeking to continue their hold for European assets operating in the same industry.

The alternatives giant led a consortium of investors on the approximate €1.7bn acquisition of ITP Aero in a carve out from Rolls-Royce in 2022.

The fund aims to capitalise on surging investor interest in infra CVs and strong tailwinds in the aquaculture market to support the global expansion of wellboat company Sølvtrans.

The CV for a Netherlands-based industrials asset will see around €1bn-€1.2bn of new equity with a ‘significant amount’ of rollover, PEI Secondaries Investor understands.

Bridgepoint’s and PennantPark’s continuation vehicles will acquire a total of roughly $2bn of private credit investments.

LPs had a choice of liquidity at a price set by a competitive process or continued participation, Eric Rosen, Hudson Hill’s managing partner, said.

A total of 66 CVs were known to have closed in the first half of 2026, up significantly from the 40 logged during the same period last year.