News & Analysis

Average bids for secondhand stakes in private debt funds rose to their highest point since at least 2017.

CVC Secondary Partners, formerly Glendower, also saw realisations increase from €300m in H1 2023 to €600m in the first six months of this year.

Pantheon took the lead on SMBC’s secondaries transaction to seed a private credit fund.

Industry leaders from Ardian, Coller Capital, Evercore and more share their top fiction and non-fiction recommendations for whiling away the time on your summer vacay.

There are at least 14 secondaries vehicles seeking capital to invest in the asset class, Secondaries Investor data shows.

The Carlyle unit is also in market with its flagship secondaries programme and a dedicated single-asset-focused fund.

The past year has been the firm’s strongest fundraising period ever, with nearly $28bn raised.

The new policy would let ACERA’s staff make the decision to roll existing assets or portfolios into continuation funds if that falls in line with ACERA’s financial consultant’s recommendation.

The Nordic PE firm, which was among the first private markets managers to embrace ESG, has raised €588m to acquire two assets from its fifth flagship fund.

Tender offers represent a reliable way for secondaries buyers to provide liquidity to private company shareholders, according to a report by Bryan, Garnier & Co.