News & Analysis

Hudson Structured Capital Management has moved five assets out of a multi-sector insurance-focused fund into a continuation vehicle.

LPs will be given the option to roll or sell on CVC’s continuation fund process for Multiversity, which is understood to be €1.5bn-€2bn in size, Secondaries Investor learns.

A broad pipeline of manager- and investor-led deals is emerging in the current liquidity-constrained market, fuelling long-term growth.

ICG LP Secondaries Fund I has completed seven transactions and is already around 50% committed.

The real estate secondaries market is poised for significant growth, driven by increased demand for capital, attractive discounts to net asset value and a broadening range of transaction types.

Dawson believes it can differentiate itself in a rapidly growing secondaries market by using scale, founder and managing partner Yann Robard tells Secondaries Investor.

While Leonard Green’s transaction is giving cash-out LPs the benefit of both processes, the ‘quick flip’ issue remains controversial in continuation fund deals where assets are quickly exited.

Manulife Investment Management has held the final close for its debut vehicle, private equity-focused Manulife Strategic Secondaries Fund.

AXA Investment Managers joins a growing list of players buying up secondaries shops as it plans to tap GP-led and direct secondaries opportunities in North America.

Kaiser came out atop of the secondaries category in affiliate title Buyouts’ Deals of the Year awards. The non-profit healthcare organisation deftly closed its portfolio sale last year despite market turbulence, price fluctuations and the banking crisis.