North America

LPs had a choice of liquidity at a price set by a competitive process or continued participation, Eric Rosen, Hudson Hill’s managing partner, said.

Over 95% of LPs in Gainline’s original fund housing the asset elected to take the liquidity option provided to them in the transaction, PEI Secondaries Investor understands.

About 20% of Carrick Capital Partners’ Fund II LPs opted to roll their equity into the $600m continuation vehicle, says co-CEO Jim Madden.

A new name at the top of SI 50 shows how consolidation is changing the competitive landscape in the buyer universe.

Senior secondaries execs have made some bold predictions for market volume by 2030. There are, however, hurdles to consider when looking at the future of the market.

Providence Equity Partners has closed a $1bn+ CV for 365 Retail Markets, a company it acquired nearly six years ago, PEI Secondaries Investor has learned.

The firm’s total infrastructure secondaries programme has secured $1.7bn, adding to a growing pool of capital available to deploy into the asset class.

Co-investments and single-asset CVs offer investors ‘greater control’, partner Zach Jackson says.

Blackstone Strategic Partners anchored EQT’s new AI Infrastructure Fund. Once again, secondaries has created a blueprint for loftier goals.

Churchill, whose parent Nuveen Private Capital received backing from Temasek last year, and the Singaporean investor’s asset management platform Seviora formed the vehicle with collateral spanning PE and private credit, including PE secondaries.