Deals

The CV from enterprise software investor is the latest deal from Europe, a region that continues to be on a GP-led tear.

The deal marks at least the third European CV backed by Carlyle AlpInvest and HarbourVest this year.

The deal is the largest Dawson has completed and comes as the firm continues to raise its largest flagship vehicle to date.

The wider deal, including joint venture partner Nestlé’s own equity portion, is €6.5bn in size, Secondaries Investor understands.

Continuation funds ‘need to be managed quite carefully, with a lot of communication and conflict management’, according to GIC’s Asia PE head Ankur Meattle.

ADIA has backed Beijing-based GL Capital’s single-asset CV just months after it emerged as a co-lead buyer on Tikehau Capital’s continuation fund.

The SPV is set to finance the growth of portfolio company, Argano, and support shareholder buybacks to consolidate Trinity Hunt’s ownership of the asset, Secondaries Investor understands.

GBL’s portfolio includes private equity and venture capital exposure with a weighting towards the mid-market, Secondaries Investor has learned.

MN and its European peer APG are among a wave of global LPs seeking to offload private market holdings amid market uncertainty.

ChrysCapital closed a roughly $700m continuation vehicle last year to house its stake in the National Stock Exchange of India.