Deals

AlpInvest, Goldman lead oversubscribed Astorg deal on IQ-EQ

The transaction is the third-largest single-asset process to take place on a European asset, according to Secondaries Investor data.

CD&R considers options for Belron, including potential single-asset process

Belron operates various glass repair brands globally and is held in the firm’s 2016-vintage Fund X.

BC Partners confirms close of Springer Nature deal

The continuation fund containing the academic publisher was more than €1bn in size.

TempoCap nets 11x on Depop secondary exit

The direct secondaries investor has made three exits in as many months and is mulling its first commingled fundraise.

The 20 largest continuation funds mapped

Track the development of this rapidly evolving deal type with Secondaries Investor’s exclusive interactive map.

Insurance giant Aegon unit closes RE strip sale

The $475bn asset manager moved a portfolio of 10 workforce housing properties off its general account into a vehicle backed by secondaries capital.

Apollo eyes PE secondaries market debut with Alpine single-asset process

The deal, which involves an online advice platform that owns Horoscope.com, shows the alternatives giant is wasting no time with its entry to the secondaries buy-side.

Schroders among backers of €700m long-hold GP-led

The process gives Castik Capital portfolio company Waterlogic more time and money to make add-on acquisitions, of which it has completed 80 since 2015.

Cebile acquired by Raymond James Financial

Cebile’s goal is to be ‘the market leader in PE mid-market GP-led deals and placement’, founder Sunaina Sinha Haldea tells Secondaries Investor.

TR Capital backs hybrid Chinese GP-led restructuring

TR’s deal uses China’s QFLP structure, which permits select foreign managers to invest onshore in yuan using capital raised offshore.