North America

This is at least the second time the mid-market healthcare-focused firm has run a CV to extend its hold of a top-performing asset.

New Mountain Atlas is more than just the secondaries hires it has made, with the unit seeking to lead and co-lead GP-led buyout deals with the help of its sector teams, co-head Neal Costello tells Secondaries Investor.

The system’s process marks the latest instance it has sought liquidity in the secondaries market.

Secondaries Investor had reported that Jonathan Au had departed CVC in June last year, having joined the firm in 2021.

The LP secondaries specialist became a Charlesbank Capital Partners portfolio company this month.

The pension fund is set to make its second cut to its PE target in four years, with the LP suggesting it may make secondaries sales in specific scenarios.

The investment bank had hired Rothschild’s London-based head of GP Solutions late last year.

Overbay will retain control and independence of all investment activities following the investment.

W Capital Partners believes it’s important to compound and grow assets within original funds to mitigate what it believes will become ‘more of a K-curve market’, David Wachter said at NEXUS 2026.

The asset manager’s investment chief cites ‘weird time arbitrage’ that the practice causes for evergreen investors who buy into vehicles at similar points.