GP stakes

Arctos approaches final close on debut GP financing fund

The firm’s Keystone strategy provides bespoke offerings to alternatives managers at the management company, fund and asset level.

CVs continue to divide LP opinion

While some investors are still shunning continuation vehicles amid concerns over lack of both alignment and transparency, others feel that now is a great time to consider them.

CAZ Investments first port of call for GP stake secondaries

The investment firm deployed $700m in GP stake secondaries alone in 2024, including a single transaction valued at over $500m, founder and chief investment officer Christopher Zook said.

Apollo secures $5.4bn for debut broad-scope secondaries vehicle

Compared with some of its peers, Apollo opted to grow its secondaries business S3 organically, formally launching the strategy in late 2022.

Mantra targets up to €270m for fourth secondaries flagship

The Paris-headquartered firm aims to hold the final close for the fund in 2025.

Inside Blue Owl’s GP stakes continuation fund transaction

The transaction has been backed by capital from long-term yield-oriented institutions and not traditional secondaries firms.

What does and doesn’t fall into the definition of a secondaries deal?

The inclusion of adjacent strategies such as GP stakes and portfolio financing in volume reports shows how what matters to secondaries market participants is evolving.

Why GP stakes and secondaries units are integrating

Blackstone’s move to combine its GP stakes and secondaries businesses raises questions about how players in both markets should address potential conflicts of interests.

Permira gets into secondaries via fund acquisition of AltamarCAM

The large minority transaction is a rare example of a GP stakes purchase via a non-dedicated fund.

Arctos applies secondaries and liquidity strategy to alts GPs with Keystone launch

The firm, founded by Landmark Partners veteran Ian Charles, has assembled a group of ex-Landmark, Stonyrock and Kirkland & Ellis professionals for the unit.