Buyouts

La Caisse shops NA and APAC exposure on secondaries market

The pension fund’s sale of private fund stakes in private equity and real estate is understood to be substantial in size, Secondaries Investor has learned.

PAI closes on CV with manager’s equity deal reaching €3.6bn

The wider deal, including joint venture partner Nestlé’s own equity portion, is €6.5bn in size, Secondaries Investor understands.

Belgium’s GBL runs large LP-led process as it looks beyond fund commitments

GBL’s portfolio includes private equity and venture capital exposure with a weighting towards the mid-market, Secondaries Investor has learned.

Three lead buyers emerge in CVC’s €1bn+ Nordic single-asset CV

The deal marks the latest single-asset process for CVC, which moved Italian online university group Multiversity into a continuation fund last year.

ADIA jumps on secondaries opportunities as market soars

The sovereign wealth fund deployed significant capital into secondaries opportunities across private equity and infra last year.

Ardian, with $30bn war chest, emerges as buyer of large portfolio shopped by APG

The €590bn Dutch pension manager’s sale is a re-engagement with the market after the system pulled a similar offering last year.

How to build a secondaries business

Over the past five years, some private equity shops have shunned their illiquid mentality to launch their own secondaries businesses. Can they give the market’s mega-managers a run for their money?

California’s Orange County to cut fund of funds exposure through secondaries sales

The $25bn pension expects to use both the GP-led and the LP-led markets to offload indirect private equity exposure.

Room for old and new?

Private equity managers are flocking to the secondaries market. Is there enough dealflow to go around and guarantee success?

CV market could quadruple by 2034 – Schroders Capital

CIO Nils Rode tells Secondaries Investor that CVs could eat into buyout dealflow over the next decade.