News & Analysis

Secondaries a key focus for CAZ Investments’ latest GP stake evergreen fund

The semi-liquid fund will participate in GP stakes investments through a wide range of transaction types, with the largest share earmarked for secondaries investments.

GP-led specialist Timber Bay closes third flagship fund on $281m

The GP-led-focused fund is more than a quarter invested and will target lower mid-market deals in North America.

Seed assets propel Hamilton Lane’s second infra fund to $1.5bn close

Hamilton Lane’s Infrastructure Opportunities Fund II exceeded its $1.25bn target and tripled the size of its predecessor.

Eurazeo and Pantheon complete €480m credit CV

The deal is the second between the two firms to provide liquidity to Eurazeo’s LPs while maintaining continuity for borrowers.

Managers increasingly look to fill secondaries gaps with GP acquisitions – Campbell Lutyens

As more high-profile secondaries managers get snapped up, there is a ‘scarcity value’ in the strategy, managing director Hannah Gore-Randall tells Secondaries Investor.

LPs wary of GP partnerships aimed at tapping private wealth

A majority of LPs are concerned about the ‘influence’ retail-oriented partnerships could have on the strategies of GPs, a Coller Capital survey found.

Blackstone saw record year for secondaries deployment

Strategic Partners has held an initial close of $5bn for Strategic Partners Fund X with ‘another major close’ expected in the coming weeks, Blackstone’s president and COO Jon Gray said on the firm’s earnings call. Its $22.2bn Fund IX had committed $19.7bn by year-end 2025.

ILPA template aims to cut CV deal hassles

The new questionnaire asks GPs to disclose details including transaction terms and asset returns.

Secondaries ‘important component’ of evergreens as inflows continue to increase

Secondaries account for an average of 13% of private wealth client portfolios, according to a report from Hamilton Lane.

Deployment into GP-leds skyrocketed across geographies and sectors last year – PJT

The largest average commitment sizes to GP-led deals ranged between $300m and $500m last year, managing director Darren Schluter tells Secondaries Investor.