Deals

CVC halfway to $7bn target for latest flagship secondaries fund

CVC Secondary Partners doubled its secondaries deployment year-over-year in 2024, according to its full-year activity update.

StepStone lines up on World Bank LP-led deal alongside Blackstone

Both firms are understood to have purchased an equal amount of the roughly $1bn portfolio.

New Mountain raises expectations for Real Chemistry CV to $3bn

Liquidity remains a main focus in the industry as exit activity has yet to pick up after a multi-year slump.

Inflexion shops $2bn-plus European multi-asset continuation fund

The mid-market manager is seeking to move four assets into a new vehicle, Secondaries Investor has learned.

Graham Partners runs single-asset deal on Gatekeeper Systems

While some believe exit activity will pick up this year along with overall investment activity, PE-backed assets held in older funds continue to grow.

World Bank closes around $1bn sale to Blackstone Strategic Partners

LP-led deals saw a record $87bn volume last year as pricing continued to increase, according to a report from Jefferies.

Oregon contemplates offloading PE investments

The LP is exploring the proposition of offloading the stakes amid a secondaries market with record activity.

TPG Angelo Gordon runs $1.5bn-plus GP-led credit secondaries process

The process comes at a time of increased momentum for GP-led credit deals with a number $1bn-plus transactions closing last year.

CalPERS closes multi-billion-dollar sale to Ardian, AlpInvest, Partners Group

The US pension giant has come up with a pricing strategy that could make it benefit more from this portfolio sale, Secondaries Investor understands.

StepStone and AB Value co-lead CV by Taiwanese investor

CDIB Capital Group has closed its first continuation fund as APAC sponsors become more accepting of GP-led deal structures.