North America

Strong appetite for small CVs driven by finite number of mega-deals – Reach Capital

While more buyers are coming into the smaller end of the CV market, there remains less competition compared with larger deals creating room for steeper discounts, according to a report.

Florida SBA’s Bradley: CVs not so attractive ‘when we put our LP hat on’

A key concern is that a GP may not have market-tested the highest selling price of an asset, according to the $212bn pension’s senior investment officer for PE.

Goldman’s latest flagship off to a hot start with nearly $8bn raised – updated

The fund is over half the size of its predecessor, which closed on $14.2bn in 2023.

New Jersey explores $1bn-plus secondaries sale

The pension joins several large North American LPs that have considered or already sold more than $1bn of private markets exposure this year.

Adams Street targets mid-market PE with latest evergreen launch

The semi-liquid fund aims to provide ‘diversified access to high-quality private growth companies’ through direct and secondaries, per a statement affiliate title PEI has seen exclusively.

Next Gen alum joins Neuberger’s secondaries team

Tori Buffery has left Nicola Wealth to join Neuberger Berman’s secondaries investment team.

TPG takes lead on VC firm JVP’s $290m single-asset CV

Rolling investors into the new fund include Partners Group, HighVista Strategies, Committed Advisors and Hollyport Capital, according to a statement.

Can there be a $50bn secondaries fund? There’s no reason why not

The Secondaries Investor 50 ranking shows fundraising is on an ever upward trajectory – and few are predicting when it will stop.

AlpInvest closes latest secondaries programme on $20bn

ASP VIII attracted over 325 global investors across pension funds, insurance companies, asset managers and other types of LPs.

Hamilton Lane launches global secondaries-focused evergreen fund

The fund has collected $365m, which is nearly double its launch target.