News & Analysis

Compared with some of its peers, Apollo opted to grow its secondaries business S3 organically, formally launching the strategy in late 2022.

The separately managed account will invest into two Lexington funds, as well as co-investment opportunities.

Part of Vista Equity’s contribution to the deal will come through its private wealth channel, a source said.

Paul Sanabria and Jeff Hammer will return to their advisory roots as part of the investment bank’s ‘aggressive’ push.

The transaction, which could total as much as $1bn in size, is understood to comprise a concentrated list of funds and managers.

While Australian super funds may buy ‘if the price is right’, these pensions are closely monitoring the long-term impacts of current volatility.

After hearing pitches from more than 50 suitors over the years, Kline Hill found a match in TA, managing partner Mike Bego told Secondaries Investor.

Mid-market-focused secondaries firm SQ Capital was launched in January by Blackstone’s former global head of GP stakes Mustafa Siddiqui.

The record fundraise bests a previous mark set by Goldman Sachs as the manager aims to take advantage of tariff turmoil.

Having last acquired infra secondary assets in 2017, the €616bn Dutch pension manager may tap the fast-growing market again, says infra chief Jan-Willem Ruisbroek.