As prices generally come with discounts to net asset value, existing LPs have been slow to sell in tender processes.
2 min read · 03 April 2023
The transactions sees four assets moved from Amsterdam-headquartered private equity firm Bencis’ €408m Bencis Buyout Fund IV into the new vehicle.
2 min read · 30 March 2023
The firm wants to move CycloMedia and Digital Barriers into a separate vehicle with as much as €300m in NAV.
1 min read · 29 March 2023
Many GPs are interested in finding ways to deliver proceeds to liquidity-hungry investors in older funds as well as boosting fundraising in the challenging environment.
3 min read · 27 March 2023
Credit Suisse’s 2022 Secondary Market Review expects GP-leds to experience a resurgence in 2023 after being outpaced by LP-leds last year.
2 min read · 13 March 2023
The portfolio is among several large trades that have hit the market this year and that are helping to drive LP secondaries inventory to more than $20bn.
2 min read · 13 March 2023
There is an expectation that tender activity will increase as GPs look for ways to deliver liquidity back to LPs as exits slow, and at the same time boost fundraising in the sluggish environment.
3 min read · 06 March 2023
Eurazeo and Pantheon are also understood to be participating in the transaction in the buyout firm’s 2013-vintage Fund IV.
2 min read · 03 March 2023
Pricing of assets and LP stakes remain points of contention between buyers and sellers, which has made it challenging for secondaries deals to reach final close.
3 min read · 02 March 2023
