Western Europe

The firm is seeking $500m for a dedicated GP-led vehicle which has the potential to deliver enhanced returns.

Secondaries Investor reported in May that CVC Secondary Partners and Pantheon were leading the transaction around TIC asset Normec.

LPs are turning to the secondaries market to address liquidity constraints amid improved pricing, as compelling supply/demand dynamics and structural innovations help fuel LP-led dealflow.

Nine out of 10 secondaries firms expect to see more capital from wealthy individual investors in their next funds, according to research from Investec.

The €255bn unit of French financial giant BNP Paribas Group wants to sell a bundle of private equity and infrastructure stakes, Secondaries Investor has learned.

The Dutch pension giant had brought a portfolio worth $2bn-$3bn to market, Secondaries Investor reported in June.

The sponsor-initiated secondaries market will hit a stumbling block if incumbent LPs’ needs and wishes aren’t prioritised over those of incoming ones.

The change in name comes three years after the private equity giant acquired a 60% stake in the secondaries specialist.

The position will add to the firm’s existing four-person data science team to help build the next generation of data-driven private equity investment tools.

Amid LP demand for liquidity and distributions, the infra secondaries market saw an unprecedented rise last year. We uncover how this positions the market for future growth.