Managers

Details of FoxPath’s debut credit secondaries fund disclosed

The firm last year partnered with global life and health insurer Reinsurance Group of America to help capitalise its future funds and build its strategy.

Eurazeo surpasses target for its largest-ever secondaries vehicle

The €2.3bn Fund V has raised more than double the amount of its 2021-vintage, €1bn predecessor.

Painswick brings PE focus to single-asset CVs

Painswick Capital views single-asset continuation vehicles as a PE business and has built its firm around that thesis, founder John Garcia and partner James Powers tell Secondaries Investor.

Flexstone agrees to acquire Glouston as it accelerates secondaries growth

Glouston Capital Partners’ focus on the US will complement the firm’s geographic footprint in the secondaries market, Flexstone CEO Eric Deram tells Secondaries Investor.

Neuberger PE head keen on ‘mid-life solutions’, flags CV concerns

Mid-life investments can offer a solve to generate liquidity and realisations, stepping into the place of CV deals that can be complicated where co-investors have backed an asset, Neuberger’s head of European PE Joana Rocha Scaff says on the latest edition of PEI Group’s Commitment Issues podcast.

ICG delays launch of mid-market Strategic Equity fund

The firm’s current fund, Strategic Equity Fund V, raised $11bn last year and is the biggest dedicated fund for backing continuation vehicles.

StepStone to adjust fee rates in flagship secondaries funds

The firm will lower fees during funds’ investment periods and then increase them after the period, according to head of strategy Michael McCabe.

Roundtable: Why secondaries is thriving on volatility

The world may be reeling from geopolitical shock after geopolitical shock, but this uncertainty is only fuelling record-breaking secondaries activity.

Coller to expand under EQT’s ownership; plots 2026 launch for next fundraising cycle

The pair expect to expand into real asset secondaries and build out an insurance offering as the secondaries firm plans its next flagship and credit raise.

New Mountain says sector focus gets it ‘ahead of processes’ to find opportunities

New Mountain Atlas is more than just the secondaries hires it has made, with the unit seeking to lead and co-lead GP-led buyout deals with the help of its sector teams, co-head Neal Costello tells Secondaries Investor.