Western Europe

Secondaries Investor full-year 2025 CV Deal Log

Last year saw 85 continuation vehicles close, with 40 more launching or being mulled, according to data gathered by Secondaries Investor.

Meridiam amasses over €2bn for European infra CV fund

The vehicle includes 22 infra assets, spanning highways, high-speed rail, hospitals, university accommodation and low-carbon solutions.

Tikehau latest manager to close credit secondaries fund as market fires on all cylinders

Tikehau’s second credit secondaries-focused fund closes on more than $1bn having launched in the second half of 2023.

HarbourVest joins list of GPs closing debut CV-focused strategy in 2026

The Boston-headquartered manager has raised over $1.1bn for its debut single asset CV-focused strategy, joining Blue Owl and Leonard Green in closing such vehicles this year.

CVC buys into M&G’s $1bn-plus managed fund deal

The deal sees a portfolio of private equity interests move into a new vehicle run by M&G.

Adams Street and Lexington lead Vitruvian’s $1bn+ fundraise

The vehicle, named Andantino AV, has some CV components and houses Vitruvian’s ownership in four assets, Secondaries Investor understands.

CVC’s secondaries flagship surpasses target with over $8bn raised – updated

The fund, which remains in market, has exceeded its target by more than $1bn and already marks a significant step up from its $5.8bn predecessor.

VCs mull the relative attractions of IPOs and secondaries

Will we finally see a wave of IPOs this year, or will VC GPs have to turn to the secondaries market to deliver liquidity to their investors?

Hayfin anchors €155m Spanish healthcare CV

Spanish manager Alantra has closed a continuation vehicle for its portfolio company Health in Code, with 25% of the capital earmarked for follow on investment.

Montana closes first secondaries programme following its acquisition by PGIM

The close of MCP Opportunity Secondary Program VI follows a rejig of Montana’s senior leadership last year.