Europe

The continuation fund for Blue Matter Consulting is ‘one of those CVs that’s happening for the right reasons’, says Baird partner Michael Holgate.

In this episode of PEI Group’s new podcast miniseries, we analyse the key findings from Secondaries Investor’s inaugural Global Market Survey.

The $575m deal will create a specialised private capital advisory platform, Lazard CL, with Holcombe Green and Gordon Bajnai named as co-CEOs.

To try and smooth out pain points in the LP/GP relationship, LPs focus on top priority terms involving key person provisions, how carried interest is distributed throughout the organisation and standard of care/fiduciary duty, ILPA found in a recent sentiment survey.

Tech-focused Nordics investor Alder has moved two assets into an Article 9 continuation vehicle.

The investment bank has hired four people, two of whom are coming from PJT, Secondaries Investor understands.

Fremman’s fund for nursery operator Kids Planet is over £400m in size, while MCH has raised €300m for a vehicle to house a frozen baked goods asset, Secondaries Investor understands.

Ardian takes the title of Secondaries Firm of the Year in EMEA.

The structure will consist of a portfolio of 22 infrastructure assets that are held by the firm’s legacy funds.

The vehicle includes 22 infra assets, spanning highways, high-speed rail, hospitals, university accommodation and low-carbon solutions.