Deals

NYCRS, which oversees five pensions including NYCERS, has a secondaries programme in place with long-term targets ranging from 10-20% of its total PE portfolio.

The private markets firm backed a GP-led process involving Spain’s Bluesea, a hospitality platform.

Advent is seeking to move business management software, payments and commerce-related technologies provider Xplor into a separate vehicle.

The Campbell Lutyens-advised sale comes as the Eastman Kodak Company mulls a potential termination of its pension plan.

Download our latest list of the continuation funds that were known or disclosed during the first nine months of this year.

Warburg’s move comes as several other large GPs have built out internal secondary capabilities, including TPG and Leonard Green & Partners.

The Canadian pension giant was able to secure priority allocation and fill its intended exposure as the lead in the process, Secondaries Investor understands.

A diverse collateral mix of secondaries, portfolio finance and co-investments helped the Carlyle unit close above target on $1bn.

Milan-based Ambienta is seeking a single-asset continuation fund, which will be classified as an Article 9 vehicle under the EU’s SFDR, Secondaries Investor has learned.

The deal follows the close of LGT Capital Partners’ last flagship fund, which closed above its target on over $7bn.