Deals

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

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

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

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.

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

Legend Capital raised $270m for a transaction involving Chinese healthcare assets from two older funds.

The GP-led specialists have led the formation of Brentwood Associates Opportunity Fund with assets from the managers’ two previous vehicles.

Presenting the results of our exclusive survey of advisors’ deal activity last year based on transaction volume, GP-led/LP sale split and more.