The deal is among a handful of GP-led secondaries processes that have moved through the market, which has become more challenging because of pricing uncertainty.
3 min read · 21 June 2022
The process on a software company owned by Banneker Partners, led by a Vista co-founder, was to be priced off a Q4 stake sale until market sentiment turned.
2 min read · 15 June 2022
Five years after the US power company’s $17bn take-private, the energy-focused firm is rolling about 20% of the existing LPs into a single-asset vehicle.
2 min read · 15 June 2022
GP-led activity is picking up thanks to a decline in exit activity during the pandemic and rising familiarity with the practice.
5 min read · 14 June 2022
LPs are beset with a glut of requests for re-ups from their existing managers, in many cases at a much quicker pace than ever before.
3 min read · 13 June 2022
Unigestion is also understood to have participated in the transaction involving digital transformation services provider Init.
2 min read · 09 June 2022
The asset management arm of the Dutch energy company overcame market volatility to sell a €700m private equity portfolio, though planned to sell more.
2 min read · 08 June 2022
As the economy turns downward and the rationale behind GP-led deals changes, the SEC’s fairness opinion mandate could be a good thing for the secondaries market.
3 min read · 26 May 2022
With their multiple benefits for both the GP and LP, management-led secondaries are rapidly gathering steam in real estate.
7 min read · 19 May 2022
