Europe

Flexstone closes on €200m for first dedicated secondaries vehicle

Mid-Market Secondaries III, the successor to co-investment and secondaries-focused vehicle Select Opportunities Fund II, reached its target.

Mantra targets up to €270m for fourth secondaries flagship

The Paris-headquartered firm aims to hold the final close for the fund in 2025.

Start-up aims to streamline continuation fund deals

Pilot product helps LPs conduct cost-benefit analyses and lets smaller GPs act without advisers.

ILPA appoints former business development exec to lead Europe office

Bart van Dijk joins from global compliance firm CSC and is the industry body’s first regional head outside North America.

SI Decade: Europe’s appeal and the evolution of specialisation

In episode nine of the Decade of Secondaries Investing podcast miniseries, sponsored by UBS Asset Management and Proskauer Rose, we look at how the secondaries market has developed in Europe and how the strategy’s global growth could play out.

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.

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.

Majority of secondaries sellers say deals meet or exceed expectations – survey

The primary motivation for LPs to consider selling PE fund stakes is the need for liquidity and strategic repositioning, according to a report from Montana Capital Partners.

Verdane nearly doubles firepower after closing latest flagship on hard-cap

The European direct secondaries specialist enjoyed a re-up rate of over 100% for Fund XI.

Pantheon backs £551m fund to further foster three infra assets

Featuring three assets from its first fund, the new vehicle closed oversubscribed and with an all-new group of investors.