Secondaries

While the region has seen growing secondaries appetite in the past few years, executed deals remain far and few between, market participants tell PEI Secondaries Investor.

Foresight Group’s continuation vehicle for transport operator Kinetic comes as it winds up its Diversified Infrastructure Trust.

The proposed purchase would increase VPIC’s exposure to an existing manager while helping close its $27m farmland allocation shortfall.

Vivara Capital will target purpose-driven companies that are ready to scale but held by ageing funds, Rekha Unnithan told affiliate title New Private Markets.

Norway’s $2trn-odd state fund is ‘wildly underallocated’ to property, to which it has a $60bn allocation, says real estate head Alex Knapp.

Klar’s CV process joins EMK’s in the market with both firms seeking to continue their hold for European assets operating in the same industry.

Investment committees are a taking a closer look before rolling into a CV amid rising deal volume, said panellists at IPEM Global in Paris.

In respect of their longstanding infrastructure portfolios, Abu Dhabi Investment Council is a keen trader of secondaries but the Swedish insurer isn’t, explain infra specialists Saoud Al Mulla and Hans Forssman.

The alternatives giant led a consortium of investors on the approximate €1.7bn acquisition of ITP Aero in a carve out from Rolls-Royce in 2022.

Focus is key when considering software exposure across both LP-leds and GP-leds, as valuations and exits for the sector remain uncertain, panellists said at the UK Private Capital Summit 2026.