Several recent single-asset secondaries deals have had their valuations set by earlier minority stake sales.
2 min read · 14 February 2022
GIP is responsible for two of the largest-ever single-asset deals, having moved Gatwick Airport into a £3bn continuation fund in 2019.
2 min read · 10 February 2022
The moves come three years after the LP representative body issued its initial guidance on GP-led fund restructurings.
2 min read · 08 February 2022
While there are advantages to using an M&A process to set the price of a GP-led deal, buyers should not wear the technology out.
3 min read · 03 February 2022
Single-asset deals accounted for 52% of sponsor-led deals by volume in 2021, up from 38% the year before, according to the adviser’s annual survey.
2 min read · 31 January 2022
The Duravant process is among a slew of single-asset processes to hit the market since last year, which is helping to drive total deal volume to record levels.
2 min read · 19 January 2022
The firm entered the private equity secondaries market in April and led its first deal in May, involving an Alpine Investors portfolio company.
2 min read · 13 January 2022
The capital collected for the North American data centre platform puts it among the largest single-asset continuation funds raised.
2 min read · 05 January 2022
As the lines between co-investments and secondaries continue to blur, Secondaries Investor presents a light-hearted verse, with apologies to the bard.
1 min read · 30 December 2021
The Carlyle Group unit has led a process in the latest example of a sponsor using continuation fund technology for the first time.
2 min read · 22 December 2021
