Deals

Aquiline closes CV, receives concurrent primary commitments to flagship fund

Secondaries investors in the $1.1bn continuation fund also committed to the firm’s latest fund in market, which closed on more than $2.3bn.

San Fran’s Gryphon runs single-asset on Vessco Water

The single-asset continuation fund process is part of a wave of such deals GPs are attempting as a way to deliver proceeds to limited partners in older funds at a time of slow exit activity.

Goldman seeds €1.4bn credit fund with Pantheon, Temasek backing

The strip sale is the latest example of an asset manager using the secondaries market to build third-party AUM.

Vista eyes large-scale continuation fund for Cloud Software

The transaction is in the early stages and could reach $2bn in size, sources have told Secondaries Investor.

Partners Group emerges as buyer on USS’s PE secondaries sale

The USS sale marks the latest sizeable LP-led portfolio that Partners Group has backed in recent months.

Macquarie to launch secondaries advisory unit led by ex-APC exec

The financial giant has become the latest firm to get in on the growing GP-led advisory space.

Digital infra-focused SDC runs single-asset deal on dark-fibre company

Inventory on the GP-led side of the business is high and the completion rate for such deals is said to hover around 50%.

Strategic Partners emerges as a buyer in Washington State portfolio sale

More LPs are considering secondaries sales as pricing has strengthened since last year, with high-quality buyout funds capturing pricing at the 90% or higher net asset value range.

Glendower, Pantheon set to lead Astorg’s €1bn TIC deal

The European buyout firm is seeking more time and capital to further grow Normec internationally while crystallising returns for investors.

TJC seeks multi-asset continuation fund for latest secondaries deal

The transaction involves five assets coming from three vehicles managed by the Jordan Company, Secondaries Investor understands.