The deal is part of a series of large LP sales driven by liquidity concerns, the need to rebalance investment exposures in investment portfolios and strong pricing for high-quality private markets funds.
2 min read · 17 July 2024
Secondaries Investor reported in May that CVC Secondary Partners and Pantheon were leading the transaction around TIC asset Normec.
1 min read · 10 July 2024
The €255bn unit of French financial giant BNP Paribas Group wants to sell a bundle of private equity and infrastructure stakes, Secondaries Investor has learned.
2 min read · 05 July 2024
The Dutch pension giant had brought a portfolio worth $2bn-$3bn to market, Secondaries Investor reported in June.
2 min read · 05 July 2024
Some LPs not in need of liquidity use the secondaries market as a way to tweak their portfolio’s construction, which is the case with IMCO.
2 min read · 02 July 2024
The deal is in the early stage and marks Clearlake’s continued efforts to build up its single-asset CV programme.
2 min read · 27 June 2024
Diversis, formed in 2013, acquired a majority stake in Tempo in 2018, and bought the rest of the company in 2022.
2 min read · 26 June 2024
As part of the system’s policy established in 2022, the pension has been building exposure to areas of private equity it may have skipped in the past such as smaller funds and growth-focused GPs.
2 min read · 17 June 2024
The pension giant is understood to be looking to offload LP stakes valued between $2bn and just over $3bn.
2 min read · 13 June 2024
