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Asian fundraising platform Alta mulls secondaries fund launch

The Singapore-based fundraising platform is seeking to co-launch a secondaries fund alongside experienced GPs that will target individual investors.

Single-asset CVs offer steadier returns than buyout funds – Evercore

Continuation vehicles across different geography, size and industry of underlying assets have generated similar return multiples.

Adams Street, Barings, Kline Hill co-lead on transportation asset CV

The deal involves transferring an asset to a continuation fund managed by TRP Capital, a lower mid-market player with no prior engagement in GP-led secondaries.

Mid-market focus a draw for LPs in Pantheon’s $3.25bn PE secondaries raise

Investors in Pantheon Global Secondaries Fund VII include those from the private wealth segment, who invested at elevated levels compared with predecessor vehicles.

Impact firm Blue Earth takes lead on multi-asset continuation fund

The Switzerland-based impact investor has backed a continuation fund process involving two assets held by VC firm RockPort Capital Partners.

Majority of secondaries sellers say deals meet or exceed expectations – survey

The primary motivation for LPs to consider selling PE fund stakes is the need for liquidity and strategic repositioning, according to a report from Montana Capital Partners.

Did the SEC consider credit secondaries in its rulemaking?

Getting a fairness or valuation opinion on a private equity GP-led secondaries transaction is a straightforward, albeit costly task. In credit secondaries, however, the rule change creates a cumbersome burden.

Secondaries buyers have time to assess market as liquidity remains at a premium

Buyers will continue to make smaller bets on opportunities coming to market as they await more certainty around valuations and metrics, AlpInvest’s Chris Perriello tells Secondaries Investor.

StepStone and Schroders lead Trinity Hunt two-asset deal

The deal, a concentrated-asset GP-led secondaries process, is among a few that have been able to navigate to final close this year despite the widening bid/ask spread.

Gaps exist between LPs’ and GPs’ priorities on GP-leds – updated

There is misalignment between investors and GPs on the topics of obstacles, red flags and expectations, a Capstone survey finds – however, the market is expected to go through further standardisation.