Deals

The capital collected for the North American data centre platform puts it among the largest single-asset continuation funds raised.

Tech, infrastructure and credit deals make an appearance in this year’s list, testament to the broadening and deepening of the secondaries market.

Few secondaries firms remain independent after a glut of M&A transactions this year.

The Carlyle Group unit has led a process in the latest example of a sponsor using continuation fund technology for the first time.

At least nine firms involved in the secondaries market have been acquired or are in talks to be bought this year.

It is the second continuation fund deal carried out by the Montreal-based GP, which in October extended its runway with software company Syntax Systems Group.

Large portfolio sales have taken up buyer interest in the second half, as many look to diversify beyond the concentrated bets they made earlier in the year.

The firm is planning to acquire Spring Bridge Partners, having bought Landmark Partners in June.

The mid-market deal is at least the second European single-asset transaction London-headquartered Coller Capital has done this month.

The UK-headquartered internet of things connectivity provider is held in Montagu V, which raised €2.75bn by final close in September 2015.