North America

The hire comes a year after the US’s second-largest banking institution made its foray into secondaries market advisory.

Our latest database of continuation vehicles has yielded a few surprising results.

Bids on the portfolio were due this week, with the expectation that the process closes by end-September.

Secondaries volume hit an estimated $105bn in the first half, according to Greenhill’s H1 2025 Global Secondary Market Review.

The firm confirmed it had closed a $1.9bn CV-on-CV process for isolved this month.

The first half of the year saw 38 continuation vehicles close, with several more launching or being eyed, according to data gathered by Secondaries Investor.

Venture/growth represented about 8% of GP-led volume in the first half, which matched the full-year volume of last year, according to Jefferies’ recent volume report.

The secondaries pioneer is approaching its target for the vehicle, which marks its first strategy beyond VCFA’s flagship Venture Partners series.

Dawson Portfolio Finance 6 has beaten its target as the firm continues to deepen relationships with US-based LPs.

Former Intel Capital directors closed on $305m for their third flagship fund, which will aim for exposure to data infrastructure, cybersecurity, fintech, robotics and next-gen gaming companies.