The €2bn restructuring of PAI Europe V, centred around one of the world’s largest ice cream makers, suggests the secondaries market may be too small.
6 min read · 30 January 2020
Overall secondaries deal volume hit $80bn last year – the third year in a row it has set a record – according to the investment bank’s latest full-year report.
3 min read · 28 January 2020
The UK private equity giant has grown its exposure to discount retailer Action, whose exiting LPs achieved a gross multiple of 31.3x.
2 min read · 18 November 2019
The deal involves education provider EduCo Global being moved from the firm’s 2007-vintage fund into a continuation vehicle.
2 min read · 04 November 2019
Wireless infrastructure operator Phoenix Tower International is being moved into a continuation vehicle, Secondaries Investor understands.
2 min read · 22 October 2019
Ensuring GP-led restructurings are squeaky clean processes that leave little room for doubt has never been more important.
3 min read · 17 October 2019
Jean-Baptiste Wautier, the private equity firm’s investment committee chairman, says such deals and cross fund transactions can prove a nightmare to navigate.
2 min read · 16 October 2019
AlpInvest and Goldman Sachs join the investment firm as co-leads on the process involving as much as €1.8bn in net asset value.
2 min read · 30 September 2019
The single-asset restructuring on 3i’s 2006-vintage Eurofund V makes perfect sense, provided the absence of an advisor doesn’t cause problems.
2 min read · 19 September 2019
