Managers

Unigestion holds first close on fifth dedicated secondaries fund

Unigestion Secondary Opportunity Fund V has been in market since January targeting €700m.

17Capital hires CVC director

The appointment follows that of Daniel Lee as head of fundraising and investor relations for North America in April.

Dyal shelves GP-led process on Fund III, closes $1bn securitisation

The Neuberger Berman unit has securitised future cashflows from underlying GPs’ management fees to return distributions to its LPs.

Which PE giants are yet to add secondaries capabilities?

Just eight of the world’s 50 biggest private equity firms according to the PEI 300 are involved in secondaries.

ICG to back Providence single-asset deal on German TV channel

HSE24 is owned by Providence Equity Partners, which hired Evercore to explore a GP-led process at the start of this year.

Rede Partners’ former secondaries head resurfaces at Asante

Yaron Zafir will take a senior role at the placement agent and advisory firm, bringing its number of secondaries advisory professionals to 10.

Pantheon backs Idinvest venture GP-led

The deal gave liquidity to 40,000 retail investors who averaged a 3x return on invest, Secondaries Investor has learned.

PA Capital eyes real assets secondaries with sophomore vehicle

The firm, which rebranded from Private Advisors this year, closed its latest vehicle focusing on the asset class in April.

Pensions docs reveal four pillars of Whitehorse’s strategy

The firm believes the four deal types represent a market opportunity of up to $8bn a year, according to US pension documents.

Switzerland’s Evoco passes halfway point on third fund

The firm acquires portfolios of lower-mid market companies in the DACH area and often takes management control.