Deals

Cerberus runs $2bn single-asset CV on subsea communications asset

The New York-based manager has joined a wave of GPs seeking to extend ownership of their best assets through the CV market.

Lexington and Ham Lane pick up Odyssey’s $1.5bn single-asset CV

Lexington is the lead buyer, with Hamilton Lane participating as a co-lead on the deal, which has received strong pricing, sources tell Secondaries Investor.

HarbourVest leads on $1bn single-asset CV for vet services company

The transaction run by Chicago-headquartered investment firm Tyree & D’Angelo Partners was oversubscribed, Secondaries Investor understands.

TPG, CVC and Partners Group line up on €2bn single-asset CV-on-CV deal

Montagu Private Equity’s latest CV is one of the largest single-asset deals to come out of Europe this year as GP-led secondaries activity continues in earnest in the region.

Carlyle AlpInvest buys in on GBL’s €1.7bn portfolio sale

Belgian holding company Groupe Bruxelles Lambert has confirmed its unit GBL Capital will no longer make new commitments as it secures a dozen transactions.

Stone Point closes multi-asset CV on more than $3bn

Roughly half of the CV’s value is concentrated in two portfolio companies, Secondaries Investor understands.

NYU endowment shops small portfolio amid rise in private markets sales

Endowment sales ticked up in the first half of this year to around 15% of overall LP sales, according to Campbell Lutyens’ half-year volume report.

Partners Group on track for record secondaries deployment

The firm’s deployment so far this year is already 25% higher than its full year total for 2024.

Industry Ventures founder: VC secondaries volume to top $120bn this year

Hans Swildens weighs in on Industry’s sale to Goldman Sachs, who the most active sellers in the venture secondaries market are, the current NAV discount for venture assets and more.

ICONIQ Capital closed $1.8bn clean-up as asset managers turn to managed portfolio sales

Clean-up deals have continued to grow as even traditional secondaries shops seek to close out older pools and deliver proceeds to long-time investors.