Western Europe

Partners Group acquires board seats as part of single-asset deal

The €250m CV for biogas company Grupo Gestcompost is the largest transaction of its kind for Barcelona-headquartered Suma Capital.

Montana acquires PE portfolio interests via strip sale from parent Prudential

Montana Capital Partners acquired the interests via a strip sale which it then transferred over to a new vehicle managed by Prudential Financial.

Full impact of Trump tariffs on LP-led pricing still unknown

While there was a flurry of LP-led activity in Q1, much of this was driven by processes that fell into the new year from 2024, according to panellists at a BVCA secondaries summit last week.

New Mountain taps AlpInvest veteran to co-lead CV strategy

New Mountain Capital has been been communicating with LPs about the formalisation of its CV strategy in recent months.

Quality is king in infra secondaries as supply-demand imbalance persists

The infra secondaries market saw $40bn to $45bn of potential dealflow last year, attendees at PEI Group’s Infrastructure Investor Global Summit heard.

Greenhill hires Mercury’s former secondaries head Banerjee as MD

Devrup Banerjee will spend the bulk of his time advising on GP-led deals at the Mizuho-owned investment bank, Secondaries Investor understands.

Who shall prevail coming out of secondaries’ growth spurt?

Conference-goers at the BVCA’s secondaries conference this week mulled over the market’s future, with bifurcation at the heart of some predictions.

Stafford: Latest timberland fund shows area is becoming less niche

Stafford plans to allocate 80% of its latest $1bn+ timberland fund to secondaries, chief executive Angus Whiteley told Secondaries Investor.

Ardian’s Small: Cherry-picking strategy helps spur on firm’s returns

While Ardian wants to make sure it gets the best pricing in its deals, the most indicative link back to the returns it generates is ‘not necessarily what we pay, but what we buy’, senior managing director Wills Small said in a video interview.

Rothschild taps secondaries vet Lanel to advise on GP-leds – updated

Nicolas Lanel, who headed European secondaries advisory at Evercore and UBS before founding Flow Advisors, will support the private capital unit’s development in Europe, Secondaries Investor has learned.