Europe

StepStone eyes first closes for flagship, debut GP-led fund by H1 2026 – updated

StepStone’s live secondaries fundraising also includes vehicles dedicated to infra and VC, executives said on the firm’s recent earnings call.

Eurazeo and Pantheon complete €480m credit CV

The deal is the second between the two firms to provide liquidity to Eurazeo’s LPs while maintaining continuity for borrowers.

Coller Capital wraps up Fund IX raise on $12.5bn hard-cap

The firm hauled in $17bn across secondaries funds, evergreen vehicles and separate accounts in latest fundraising cycle.

What’s driving European secondaries activity?

Executives from Blackstone Strategic Partners, Evercore and Goldman Sachs Asset Management reflect on what’s driving GP- and LP-led dealflow, and give their predictions for 2026.

Unigestion amasses €1.7bn in final close for latest flagship

The fund is already ‘well deployed’ with 22 transactions completed to-date.

The growth spurt of CVs is far from over

With more players and larger funds, the secondaries market is seeing a lot of CVs north of $1bn. The long-term growth of sizeable deals requires significant backing.

ICG launches mid-market GP-led vehicle

The London-based asset manager is also in the market with the second vintage of its LP-focused secondaries fund.

A bountiful feast in secondaries’ smaller deal market

Despite a growing number of new entrants, buyers aren’t concerned about increased competition in this abundant part of the market. How long can this last?

TPG, CVC and Partners Group line up on €2bn single-asset CV-on-CV deal

Montagu Private Equity’s latest CV is one of the largest single-asset deals to come out of Europe this year as GP-led secondaries activity continues in earnest in the region.

Carlyle AlpInvest buys in on GBL’s €1.7bn portfolio sale

Belgian holding company Groupe Bruxelles Lambert has confirmed its unit GBL Capital will no longer make new commitments as it secures a dozen transactions.