News & Analysis

The $550m multi-asset fund highlights the increasing adoption of the CV technology among mid-market sponsors.

Ardian has previously backed single-asset continuation funds out of its co-investment programme and via an SMA with a US public pension.

Chirag Shah previously spent over a decade leading fund investments and co-investments at various institutional investors including DB Private Equity and GE Asset Management.

LP portfolio transactions deals don’t ‘play to the strengths’ of the Northern European powerhouse’s active ownership model, according to CFO Kim Henriksson.

The firm’s 2024 Global Fund Program raised just over $1bn.

Secondaries are carving out a greater share of the private real estate fundraising market following successive record fund closures in the past 18 months.

Backed by LPs including family office Infinitas Capital, Opportuna plans to target $30m once investors are satisfied with its initial five-company portfolio.

GP-led deals represented about 46% of the $40bn-$45bn of secondaries volume in the third quarter, according to research from PJT Park Hill.

The portfolio sale included full stakes in assets with vintages of 2013 and older and other partial stakes.

Pantheon Senior Debt Secondaries III has raised nearly $2.4bn after launching in October last year.