Deals

The process highlights the potential use of GP-led technology for longer holds on restaurant chain businesses.

The Taiwanese life insurer is selling a portfolio of five stakes in USD- and euro-denominated funds, including an EQT vehicle.

Buyers have explored the deal and at least two firms are understood to have emerged as potential backers.

MN brought the portfolio of private equity fund stakes to market this year, affiliate title Buyouts reported over the summer.

The deal highlights how continuation funds are filling the void in the exit market when traditional exit routes remain subdued.

The $200m deal is one of the larger energy-focused multi-asset CVs that have closed in the secondaries market.

The continuation fund is the second time St Louis-based Thompson Street Capital has used the GP-led secondaries market.

The transaction involves five assets from two TJC vehicles, Secondaries Investor has learned.

The asset, BLUESEA Hotels, aims to become the market leader in three- and four-star hotels and resorts in Spain.

Council Ring Capital, a single-family office founded by the Mills family, led the deal with Finnish GP DevCo in a transaction that Coller Capital also backed.