The deal is said to be set to deliver a monster return to selling LPs.
3 min read · 21 August 2023
Sixty percent of mega-buyers transacted on assets that generated a gross MOIC return of 3-4x, according to PJT Park Hill’s half-year report.
2 min read · 16 August 2023
The market for GP-led deals like single asset continuation funds continues to remain muted amid a gap between buyer and seller expectations.
2 min read · 16 August 2023
The asset was ‘a particularly strong fit to pursue a continuation vehicle’, managing partner Ron Kuehl tells Secondaries Investor.
2 min read · 15 August 2023
The transaction is the second the UK-headquartered buyout firm has closed this year after its single-asset process involving SERB.
2 min read · 13 July 2023
Chief executive Christian Sinding had said on the firm’s Q1 earnings call it was pondering alternative liquidity options including continuation funds.
2 min read · 06 July 2023
The new vehicle will house Onex’s stake in global tax services and software provider Ryan, Secondaries Investor has learned.
2 min read · 23 June 2023
DACH-focused B2B software investor Maguar Capital moved human capital management software provider HRworks into a separate vehicle.
2 min read · 13 June 2023
The transaction, which is understood to have been oversubscribed, moves Calera Capital’s US healthcare laundry service company ImageFIRST into a separate vehicle.
2 min read · 12 June 2023