Deals

Corsair runs single-asset process on B2B payments company TreviPay

Of the $60bn of third quarter deal volume, GP-leds represented about 52%, according to PJT Partners data.

Affinity resumes CV on South Korea’s ServeOne

The firm reportedly paused a multi-asset CV involving this asset in 2023.

Riverstone runs single-asset CV on oil and gas storage company

An LP has received a re-investment option and a liquidity option, with the latter offered at a discount to current valuation.

Permira CV: Ardian, Hamilton Lane, HarbourVest, LGT Capital line up

One of the assets was partially realised by Permira last year, with the other involved in a take private deal this year, Secondaries Investor understands.

Pantheon and Partners Group co-lead on $800m-plus independent sponsor CV

The $835m CV for Trading Technologies is the largest known GP-led secondaries process run by an independent sponsor, according to Houlihan Lokey’s Michael Pilson.

TowerBrook runs single-asset process on EisnerAmper

The CV for the accounting business could raise more than $1bn, Secondaries Investor understands.

ICG, TPG and CVC back latest mammoth CV-on-CV deal

ICG has once again stepped up as a lead investor on CapVest’s CV, having led the original continuation fund for Curium in 2020.

Strategic Partners, Neuberger step up as lead investors on Trilantic’s ‘precedent-setting’ full-fund CV

Trilantic’s deal is viewed by many in the secondaries market as a potential precedent setting transaction that could serve as a model for other mid-market firms facing fundraising challenges.

CPP discloses commitment to CVC’s single-asset, two other secondaries deals

The deals add to what has been a busy year for the Canadian pension, which has been an active participant on the buy and sellside of the secondaries market.

MainePERS considers secondaries sales for its natural resources portfolio

The pension plans to streamline its real asset portfolio and aims to meaningfully reduce its GP relationships over the next three years.