Asia-Pacific

Mid-market focus a draw for LPs in Pantheon’s $3.25bn PE secondaries raise

Investors in Pantheon Global Secondaries Fund VII include those from the private wealth segment, who invested at elevated levels compared with predecessor vehicles.

The year that continuation funds broke new ground

In 2023, continuation funds spread to geographic markets anew and niche strategies such as impact funds, while increasingly involving complex situations and assets.

Ardian managing director and Next Gen departs the firm

The firm’s recent Asia-Pacific secondaries deals include co-leading a single-asset process for Crescent Capital Partners.

Increase in LPs seeking to back secondaries funds – LP Perspectives Survey

It’s a bright picture for investor interest in the strategy, affiliate title Private Equity International’s LP Perspectives 2024 study has found.

AltamarCAM hires ex-Ares fundraising exec as head of Asia

Rebecca Wu, a former managing director at Landmark Partners Asia, joins as head of investor relations for the region.

Neuberger Berman leads on multi-asset CV in Japanese first

Buyout firm J-STAR moves four waste treatment and recycling assets into a holding company named Renatus, backed by a continuation fund.

Three spaces to watch in the market at year’s end

As we approach the end of 2023, here are three areas to keep an eye on – and yes, they all relate to the secondaries market’s capitalisation.

Ardian, Roc co-lead Aussie single-asset process on healthcare asset

Crescent Capital Partners is moving an Australian healthcare recruitment business into a separate vehicle.

Adams Street closes 2023 Global Fund on $820m

The fund will invest across multiple strategies including primaries, secondaries and co-investments.

Lower valuations to spur China secondaries dealflow – Coller

A ‘disproportionate amount’ of venture and growth assets in the country could prove a boon for buyers, according to the secondaries firm.