DLJ Merchant Banking Partners and JP Morgan held onto Vitopel for 12 years before selling the company to Vision for an undisclosed amount.
2 min read · 16 April 2012
The New York-based placement agent has acted on behalf of two mid-market firms to help diversify their ‘non-traditional’ limited partner bases.
2 min read · 12 April 2012
Goldman Sachs, AlpInvest and Landmark Partners are backing the financial separation of Ridgemont Equity Partners from Bank of America as the firm raises its debut fund as a fully independent firm.
2 min read · 12 April 2012
PropertyMatch, a European secondaries trading platform for units in unlisted real estate funds part-owned by CBRE, says it traded more than €270m in the first quarter of the year, beating last year’s corresponding period by 240 percent.
2 min read · 10 April 2012
The purchase of French bank Crédit Agricole’s private equity arm – including a €450m portfolio – marks the first investment from Coller’s latest secondaries fund, which is nearing final close.
2 min read · 30 March 2012
Cipio Partners is to sell Israeli chip-maker BroadLight, marking the firm’s latest in a series of exits in the semiconductor industry.
2 min read · 26 March 2012
A collection of 23 regional Swedish insurers has put up one of the largest-ever secondaries offerings in Europe, including stakes in managers like TA Associates, BC Partners, TPG, Advent, Apax and Bain.
2 min read · 20 March 2012
The Virginia Retirement System engaged the secondary market as a buyer for the first time in 2011, purchasing three commitments for $100m.
2 min read · 16 February 2012
The Swiss-based private markets investment firm says discounts to net asset values improved from the buyer’s perspective for secondary real estate portfolios towards the end of last year.
3 min read · 25 January 2012
The sovereign wealth fund is using the secondary market for its first-ever intermediated sale of private equity stakes as it works to trim down the size of its portfolio. UBS is running the process.
2 min read · 18 January 2012
