Single Assets

Sterling Investment Partners eyes single-asset process for Xylem Kendall

The firm is understood to be running a process to move the vegetation management services company out of its $934m Fund IV and into a new vehicle.

Goldman emerges as lead on Accel-KKR’s CV-on-CV deal

CVs of CVs have become a popular tool to maintain control of trophy assets, with several processes launching this year.

CVC returns to secondaries market with Nordic single-asset process

CVC is the latest manager to seek out a large continuation fund for a Europe-headquartered asset, Secondaries Investor has learned.

ICG leads General Atlantic’s $1bn-plus CV for wealth management asset

The deal highlights GA’s ongoing use of CVs and ICG’s focus on single-asset transactions.

Novacap runs CV process on Revau as part of ‘transformative’ strategic acquisition

Novacap acquired Revau in 2020 through its first financial services fund, which it closed in 2021 on C$417m.

Coller backs Motion’s €215m CV for natural health asset

French private equity firm Motion acquired Olyos in 2018. It will move the asset into a new vehicle as it seeks to capitalise on M&A and growth opportunities.

Neuberger Berman’s Ben Perl: Diversified deployment key to latest GP-led fund

The firm’s second GP-led fund, which closed on $4bn earlier this month, is over four times the size of its predecessor.

QHP Capital runs single-asset CV process for pharma company – updated

It’s not the first time that the North Carolina-based PE firm has run a CV to extend its hold of a top-performing asset.

Mirova ‘wrapping up’ fundraising for €100m continuation vehicle

Mirova first invested €150m in TagEnergy in 2022.

PAI Partners seeks cherry on top with second CV for ice cream maker

The European investment firm is after a double scoop on ice cream maker Froneri, having completed a concentrated multi-asset deal on the asset in 2019.