Europe

Lazard to expand in infra and credit with Campbell Lutyens acquisition

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

Investor concerns grow around conflicts, particularly in CVs: ILPA

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.

Pantheon leads on sustainability-focused Alder’s €250m CV

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

Evercore builds out Europe-based credit secondaries team

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

Ares leads on two European mid-market CVs

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.

Secondaries Awards 2025: EMEA winners

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

GIC emerges as lead buyer on Meridiam’s €2bn+ CV

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

Meridiam amasses over €2bn for European infra CV fund

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

Hayfin anchors €155m Spanish healthcare CV

Spanish manager Alantra has closed a continuation vehicle for its portfolio company Health in Code, with 25% of the capital earmarked for follow on investment.

Report: UK pensions could sell up to £8bn on secondaries market in the next year

More than 60% of defined benefit pension scheme advisers and trustees expect these pensions to utilise the secondaries market to sell illiquid assets, according to a report from MeltX and Mallowstreet.