Portfolio Advisors Secondary Fund IV, which targets US mid-market buyout funds, has received a $150m investment from PSERS.
2 min read · 19 January 2021
The continuation fund is worth $1.7bn and holds assets including a specialty chemical maker, a dental practice management company and a wire and cable producer.
2 min read · 15 January 2021
The firm is in market targeting $1.25bn for its fourth secondaries fund and is set to launch a vehicle targeting GP-led deals.
2 min read · 12 January 2021
Single-asset deals accounted for 30% of GP-led transactions in the first half, up from 20% in 2019, according to Evercore.
2 min read · 12 January 2021
Alpine Investors lifted employment services provider TEAM Services Group out of its 2013-vintage fund in a $362m deal.
2 min read · 11 January 2021
The evergreen fund will aim to invest in a mix of secondaries, direct investments and co-investments in credit and equity.
2 min read · 11 January 2021
Recycling business Ecore International is the focus of what has been described as ‘a hybrid of a single-asset recap and an independent sponsor transaction’.
2 min read · 11 January 2021
Record volumes, lots of new entrants and GP-led deals with a little more ‘hair on them’ are among trends to look out for this year, according to industry leaders.
3 min read · 06 January 2021
Celeste Barone has been named president and chief client officer of 4Pines Fund Services.
2 min read · 05 January 2021
The five largest secondaries funds to hold a final close in 2020 raised more than $60bn combined.
3 min read · 29 December 2020
