Single Assets

Ham Lane, StepStone lead on single-asset deal for software company

The continuation fund is the second time St Louis-based Thompson Street Capital has used the GP-led secondaries market.

Partners Group to back Portobello CV on hotel chain asset

The asset, BLUESEA Hotels, aims to become the market leader in three- and four-star hotels and resorts in Spain.

US family office backs single-asset deal on single-asset fund

Council Ring Capital, a single-family office founded by the Mills family, led the deal with Finnish GP DevCo in a transaction that Coller Capital also backed.

ICG’s Durteste: We’re putting the brakes on larger GP-led deployment

There is a ‘huge supply/demand imbalance, particularly for larger sized transactions’ which is leading to the firm doing this, according to the firm’s chief investment officer and CEO.

Advent mulls single-asset CV for tech company Xplor

The CV process places Advent among a group of PE powerhouses that are exploring similar processes for their software companies.

Aquilius leads A$200m recap for Australia’s Serenitas

Serenitas co-founder GIC exited its stake in the land lease community operator to Mirvac and Pacific Equity Partners last year for A$1.01bn.

Lexington, Apollo and CVC Secondary Partners to back Gryphon’s continuation fund for Vessco Water

GP-led deal volume reached an estimated $28bn in the first half, a 56% increase from the same period last year, according to Jefferies’ first-half volume report.

Providence seeks continuation fund for education group Globeducate

Providence agreed to sell part of its stake in the group to listed investment firm Wendel in July.

CPP Investments emerges as backer of Cinven single-asset CV

Secondaries Investor reported in March that Goldman Sachs and AlpInvest Partners were investors in the deal involving global life science ingredients distributor Barentz.

Lexington steps up as lead in Clearlake’s $1bn Constant Contact single-asset

Secondaries Investor reported in June that the technology, industrial and consumer-focused firm was working with Evercore on a transaction.