The firm expects to hold the final close on Lexington Capital Partners X at the end of the year.
2 min read · 05 October 2023
The sale is being run in steps, with the first round of about $500m recently closed.
2 min read · 04 October 2023
GP-led deal activity has slowed in the market downturn as buyers look for mostly high-quality assets and continue to seek diversity through LP portfolio sales.
2 min read · 04 October 2023
New Mountain is running the single-asset process for medical data-focused Datavant, which it acquired through a merger with its portfolio company Ciox Health in 2021.
2 min read · 03 October 2023
Lead buyers in some recent transactions have been able to negotiate a less than 1% management fee, according to a paper from Proskauer.
2 min read · 03 October 2023
The firm had considered running a process on the same portfolio company at the end of last year, Secondaries Investor has learned.
1 min read · 02 October 2023
The teachers’ pension portfolio is among several that have moved through the market this year, helping to drive secondaries volume even as activity on the GP-led side of the market remained muted.
2 min read · 02 October 2023
A disconnect exists in the industry between GPs who view continuation funds as a desirable way to hold certain assets beyond the limits of a traditional private equity fund, and LPs who generally would prefer a regular exit.
4 min read · 28 September 2023
Nico Taverna, founding partner at the GP-led focused firm, talks to Secondaries Investor about how it will invest its €350m second fund.
5 min read · 28 September 2023
The transaction marks the fourth transaction from ICG LP Secondaries Fund I, Secondaries Investor understands.
2 min read · 27 September 2023
