News & Analysis

Riverstone runs single-asset CV on oil and gas storage company

An LP has received a re-investment option and a liquidity option, with the latter offered at a discount to current valuation.

Permira CV: Ardian, Hamilton Lane, HarbourVest, LGT Capital line up

One of the assets was partially realised by Permira last year, with the other involved in a take private deal this year, Secondaries Investor understands.

Pantheon and Partners Group co-lead on $800m-plus independent sponsor CV

The $835m CV for Trading Technologies is the largest known GP-led secondaries process run by an independent sponsor, according to Houlihan Lokey’s Michael Pilson.

TowerBrook runs single-asset process on EisnerAmper

The CV for the accounting business could raise more than $1bn, Secondaries Investor understands.

ICG, TPG and CVC back latest mammoth CV-on-CV deal

ICG has once again stepped up as a lead investor on CapVest’s CV, having led the original continuation fund for Curium in 2020.

Strategic Partners, Neuberger step up as lead investors on Trilantic’s ‘precedent-setting’ full-fund CV

Trilantic’s deal is viewed by many in the secondaries market as a potential precedent setting transaction that could serve as a model for other mid-market firms facing fundraising challenges.

Morgan Stanley parts ways with global secondaries head

Nash Waterman’s departure comes three months after HIG Capital poached four members of the bank’s GP-led secondaries investment team.

ICG, Amundi to launch private credit and secondaries evergreen funds in wealth push

As part of the tie-up, Amundi will pick up a 9.9% stake in London-based ICG by June 2027.

CPP discloses commitment to CVC’s single-asset, two other secondaries deals

The deals add to what has been a busy year for the Canadian pension, which has been an active participant on the buy and sellside of the secondaries market.

Hark! NAV loan originator to raise largest fund yet

Hark Capital has set a $750m target for its fifth fund, representing a 50% increase on its previous fundraising target.