The single-asset deal is among a slew of mid-market transactions that are keeping secondaries buyers busy, despite a slowdown earlier in the year on the GP-led side.
2 min read · 18 October 2023
A mismatch between the supply of potential deals and the number of institutional buyers has given Schroders significant ‘bargaining power’, says Jun Qian, the firm’s head of China PE.
3 min read · 18 October 2023
The buyout firm and owner of UK supermarket chain Asda has mandated Rede Partners to explore a process on its third and fourth flagship funds.
2 min read · 12 October 2023
The rationale for the deal is to provide liquidity to investors in older funds while still holding the assets.
3 min read · 05 October 2023
The sale is being run in steps, with the first round of about $500m recently closed.
2 min read · 04 October 2023
GP-led deal activity has slowed in the market downturn as buyers look for mostly high-quality assets and continue to seek diversity through LP portfolio sales.
2 min read · 04 October 2023
New Mountain is running the single-asset process for medical data-focused Datavant, which it acquired through a merger with its portfolio company Ciox Health in 2021.
2 min read · 03 October 2023
The firm had considered running a process on the same portfolio company at the end of last year, Secondaries Investor has learned.
1 min read · 02 October 2023
The teachers’ pension portfolio is among several that have moved through the market this year, helping to drive secondaries volume even as activity on the GP-led side of the market remained muted.
2 min read · 02 October 2023