Single Assets

Secondaries investors grow more comfortable with fund financing in CVs

Secondaries buyers are increasingly asking advisers to source fund financing for CVs to optimise returns, according to a speaker at the European Fund Finance Symposium.

From ‘status quo’ to ‘remain in place’: ILPA updates CV guidance for an evolving market

The industry body’s prior guidance was ‘silent on a lot of things’, chief executive Jennifer Choi tells Secondaries Investor.

Kline Hill leads on Plaza Ventures’ CV for digital advertising company

The deal gives Plaza more time with StackAdapt amid AI disruptions, with the firm’s investment considered one of the high-returning Canadian venture deals of all time.

Painswick brings PE focus to single-asset CVs

Painswick Capital views single-asset continuation vehicles as a PE business and has built its firm around that thesis, founder John Garcia and partner James Powers tell Secondaries Investor.

‘A buyer’s market’: AllianzGI’s growing focus on infra secondaries

Allianz Global Investors’ co-heads of infrastructure funds and co-investments Maria Aguilar-Wittmann and Tillman Mueller have identified ‘a lot of attractive opportunities’ in the market, which grew to $20bn-$25bn of volume in 2025.

Top performing CVs continue to show outperformance over buyout funds – Evercore

Evercore and HEC Paris’s fifth CV performance study includes 396 CVs formed between 2018 and 2024, a significant increase on the 140 funds analysed in the inaugural report.

Neuberger PE head keen on ‘mid-life solutions’, flags CV concerns

Mid-life investments can offer a solve to generate liquidity and realisations, stepping into the place of CV deals that can be complicated where co-investors have backed an asset, Neuberger’s head of European PE Joana Rocha Scaff says on the latest edition of PEI Group’s Commitment Issues podcast.

Florida SBA to shift away from LP-leds amid lagging secondaries performance

The $219bn system has seen ‘underwhelming’ performance from its largely LP-led secondaries portfolio, according to senior investment officer John Bradley.

Is UK regulatory scrutiny a competitive disadvantage for secondaries deals?

The real challenge appears operational rather than structural from a geographical standpoint, writes Winston & Strawn’s Yulia Makarova.

Frontenac gears up to sell CV asset MCE

Churchill Asset Management and 50 South Capital co-led the CV to extend Frontenac’s hold of the industrials asset.