Deals

Kline Hill, Goldman, Morgan Stanley back GEC’s energy secondary

Infrastructure and real assets accounted for around 9% of estimated total volume in the first half, according to Greenhill & Co’s latest volume survey.

Pollen Street runs $1bn continuation fund on insurance assets

Three buyers co-led the novel transaction involving insurance asset Markerstudy, which was separately involved in an M&A process.

Partners Group steps up as buyer on $1bn-plus CDPQ secondaries sale

The deal is understood to be Partners Group’s largest secondaries deal on a total adjusted commitment basis.

New Mountain runs single-asset process on Datavant

Sources point to an influx of deals hitting the market toward the end of summer that may drive volume, especially as pricing has improved.

Why moving downmarket is on the up in secondaries

US mid-market GP-led transactions are having a moment. What is driving activity in this space, and is it expected to last?

Sun Capital seeks more time, capital for Cotton Holdings

GP-led secondary deals like single-asset continuation funds represented about 40% of estimated total market volume in the first half, according to Lazard’s first-half volume report.

Elliott’s Speyside single-asset CV closes on more than half a billion

Single-asset deals priced at more than 9 percentage points higher than their multi-asset counterparts in the first half of this year.

Blackstone, JPMorgan step up on Aterian’s Vander-Bend single-asset deal

The deal is said to be set to deliver a monster return to selling LPs.

Ardian to buy chunk of CPPIB portfolio, pension’s co-invest sale gets pulled

Secondaries professionals stressed in recent weeks that pricing has improved since late last year, and is expected to continue to strengthen.

Elliott leads single-asset process for Speyside’s Opta Group

The market for GP-led deals like single asset continuation funds continues to remain muted amid a gap between buyer and seller expectations.