Secondaries

The SPV is set to finance the growth of portfolio company, Argano, and support shareholder buybacks to consolidate Trinity Hunt’s ownership of the asset, Secondaries Investor understands.

Secondaries trading as a percentage of overall private markets AUM has sat at 1.5% in recent years, says Blackstone Strategic Partners’ global head Verdun Perry.

Family offices’ ability to provide patient capital to private markets while other investors face liquidity constraints is further fuelling interest in the secondaries market, according to a report.

After more than three years on the road, the asset manager is already looking to launch a successor vehicle.

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

In this episode of our Second Thoughts podcast, senior leaders from Lexington Partners, Proskauer and StepStone Group discuss the burgeoning space and the impacts of capital-raising efforts there on the secondaries market.

MN and its European peer APG are among a wave of global LPs seeking to offload private market holdings amid market uncertainty.

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

Geopolitical tensions and liquidity strains could lead to a 50% year-over-year volume increase.

Secondaries buyers have lined up to back the deal, which is set to close this month, Secondaries Investor understands.