Deals

The latest tool from the digital LP-led marketplace allows buyers to share fund stakes of interest and then lets the sellers come to them.

Despite economic headwinds and geopolitical uncertainty, there is still a strong appetite for North American secondaries in 2026, sources tell Secondaries Investor.

The sale is expected to be the first in what could be a series of fund stakes offerings by the sovereign fund as it works to manage its portfolio.

The continuation vehicle is the latest to receive a commitment from the sovereign wealth fund that continues to establish itself in the secondaries buyside.

This year’s top deals include two sales from LPs without programmatic selling backgrounds, two CV-on-CV deals and a sizeable credit CV, as well as some honourable mentions on smaller, yet innovative processes seen this year.

The growth-stage secondaries specialist, which is premarketing a $300m Fund III, draws on its founder’s 20 years of experience to provide liquidity to GPs thirsty for DPI.

Two buyers have lined up on the deal run by HarbourVest’s publicly listed investment trust, which is generating net proceeds of $300m from the sale, Secondaries Investor has learned.

Former Blackstone dealmaker Mustafa Siddiqui’s firm, which launched in January, completed its first CV with K1 Investment Management and has since made three further investments, Secondaries Investor understands.

The deal gives NORD Holding’s All Inclusive Fitness an enterprise value of over €500m, according to a statement seen by Secondaries Investor.

The GP-led market is predicted to reach about $93bn in total volume this year, according to a report.