Buyouts

Pollen Street builds GP-led strategy targeting mid-market deals

The financial services-focused firm, which hired Brookfield’s former co-head of sponsor solutions Mark McDonald earlier this year, sees opportunity in its historic area of focus: the European mid-market.

Partners Group closes latest PE secondaries programme on $9bn+ – updated

The programme is over 60% committed, with the PE secondaries unit having invested more than $4bn globally last year, Secondaries Investor has learned.

Nordic Capital mulls another multi-asset CV

If the deal goes ahead, the CV is anticipated to be in the region of €2bn to €2.5bn, Secondaries Investor understands.

Healthcare-focused PE firm Linden mulls secondaries strategy

The Chicago-headquartered firm joins a growing number of buyout firms entering the secondaries market, and is the latest sector-specialist.

New Mountain says sector focus gets it ‘ahead of processes’ to find opportunities

New Mountain Atlas is more than just the secondaries hires it has made, with the unit seeking to lead and co-lead GP-led buyout deals with the help of its sector teams, co-head Neal Costello tells Secondaries Investor.

Ares leads on two European mid-market CVs

Fremman’s fund for nursery operator Kids Planet is over £400m in size, while MCH has raised €300m for a vehicle to house a frozen baked goods asset, Secondaries Investor understands.

Lindsay Goldberg plots build-out of CV investment strategy

The firm is joining a growing number of PE entrants expanding into the secondaries market, Secondaries Investor understands.

Edmond de Rothschild Corporate Finance and Jasmin Capital form partnership for CVs

The investment bank and placement agent will together focus on co-control deals where GPs are seeking to sell part of a stake via M&A and move the remainder into a CV.

CPP Investments comes to market with multi-billion-dollar PE portfolio

The $3bn-plus portfolio sale dubbed Project Ember includes a portion of equal strips to buyout funds, Secondaries Investor understands.

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.