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
The transaction marks the fourth transaction from ICG LP Secondaries Fund I, Secondaries Investor understands.
2 min read · 27 September 2023
Infrastructure and real assets accounted for around 9% of estimated total volume in the first half, according to Greenhill & Co’s latest volume survey.
3 min read · 26 September 2023
Three buyers co-led the novel transaction involving insurance asset Markerstudy, which was separately involved in an M&A process.
3 min read · 26 September 2023
The deal is understood to be Partners Group’s largest secondaries deal on a total adjusted commitment basis.
3 min read · 25 September 2023