Deals

Butterfly Equity shops single-asset CV for restaurant chain

The process, involving a fast-casual Mexican food chain, adds to the trend of restaurant businesses being rolled into CVs.

The window for Aware Super’s LP-led ambitions could be closed – Newmarch

The Australian superannuation fund, which was looking to sell prior to the US’s tariff announcements, is facing difficulty gauging pricing amid recent uncertainty, head of PE Jenny Newmarch tells Secondaries Investor.

Brentwood, adjusting to tough fundraising market, runs single-asset deal on Watermill Express

Brentwood Associates’ latest secondaries process follows a fund restructuring deal undertaken by the PE firm in 2021.

Kline Hill and Barings co-lead deal for financial services asset

The deal marks the first CV for mid-market specialist Estancia Capital Partners, Secondaries Investor understands.

Partners Group acquires board seats as part of single-asset deal

The €250m CV for biogas company Grupo Gestcompost is the largest transaction of its kind for Barcelona-headquartered Suma Capital.

Montana acquires PE portfolio interests via strip sale from parent Prudential

Montana Capital Partners acquired the interests via a strip sale which it then transferred over to a new vehicle managed by Prudential Financial.

Coller snaps up $1.6bn LP-led credit portfolio from American National

Credit transactions accounted for 8% of the total $89bn LP-led volume last year, according to a report from Evercore.

Accel-KKR runs sizeable single-asset, CV-on-CV process

The single-asset process will allow the firm to hold onto a software company which was part of a multi-asset deal it ran in 2019, Secondaries Investor has learned.

Full impact of Trump tariffs on LP-led pricing still unknown

While there was a flurry of LP-led activity in Q1, much of this was driven by processes that fell into the new year from 2024, according to panellists at a BVCA secondaries summit last week.

Leonard Green runs two continuation fund processes across five assets

HarbourVest and Goldman Sachs are understood to be the lead buyers on the multi-asset continuation fund and a single-asset continuation fund, respectively.