Single Assets

Graham Partners runs single-asset deal on Gatekeeper Systems

While some believe exit activity will pick up this year along with overall investment activity, PE-backed assets held in older funds continue to grow.

TPG emerges as buyer on Providence’s education-focused CV

Providence’s single-asset deal for Globeducate was one of two deals it was shopping in the market last year, Secondaries Investor understands.

What makes a good candidate for a single-asset continuation fund?

Rob Campbell, head of North America at ICG’s Strategic Equity unit, outlines elements for a successful CV when just one asset is involved and why such deals differ from co-investments.

Top five secondaries deals of 2024

The secondaries market anticipates 2024 will be a record year for volume, with first-half figures coming in at between $68bn and $72bn.

ICG makes public-to-private CV play in TowerBrook, CD&R de-listing deal

The $1.2bn secondaries transaction involves R1 RCM, a healthcare sector revenue cycle management services provider.

Astorg puts blindpool secondaries fundraising plans on ice

The firm has temporarily delayed capital raising for GP Equity Solutions and is instead focusing on dealmaking, Secondaries Investor has learned.

Kline Hill, Barings partner up again to co-lead single-asset CV for Havis

The deal marks the first continuation vehicle for Guardian Capital Partners.

AlpInvest leads €600m GP-led on specialty pharma asset

Swiss GP Gyrus Capital originally invested in Essential Pharma in 2019 as part of a family/founder succession plan process.

AlpInvest and Coller step up as lead buyers on Advent’s single-asset CV

Advent is seeking to move business management software, payments and commerce-related technologies provider Xplor into a separate vehicle.

Generalist funds more attractive than dedicated LP-led, GP-led vehicles – study

Pursuing both strategies via a single fund allows for better market timing and greater diversification, according to Montana Capital’s Marco Wulff and Eduard Lemle.