LP Sales

Ardian ploughs ahead on $1bn LP-led portfolio sale amid uncertainty

The sale follows the close of Ardian’s latest secondaries flagship programme on a record-breaking $30bn.

The window for Aware Super’s LP-led ambitions could be closed – Newmarch

The Australian superannuation fund, which was looking to sell prior to the US’s tariff announcements, is facing difficulty gauging pricing amid recent uncertainty, head of PE Jenny Newmarch tells Secondaries Investor.

Tariff turmoil: What do PE professionals think?

Here are responses from industry thought leaders including Goldman Sachs, Carlyle, Apollo and NYCRS across areas such as dealmaking, fundraising and secondaries.

From highs to lows to opportunities

The secondaries market is shrouded in uncertainty after this week’s volatility. There are, however, reasons to remain upbeat over the longer term.

Real estate secondaries provides inroads to in-demand sectors

As high interest rates, depressed values and fluctuating markets continue to squeeze investors, real estate secondaries is flourishing.

Montana acquires PE portfolio interests via strip sale from parent Prudential

Montana Capital Partners acquired the interests via a strip sale which it then transferred over to a new vehicle managed by Prudential Financial.

Coller snaps up $1.6bn LP-led credit portfolio from American National

Credit transactions accounted for 8% of the total $89bn LP-led volume last year, according to a report from Evercore.

William Blair’s Stuiver: ‘Proof of concept’ feeding larger LP-led deals

A number of large-scale LP-led deals have moved through the secondaries market in recent years yielding good outcomes for sellers, William Blair director Jake Stuiver said in a video interview at NEXUS 2025.

Ardian’s Small: Cherry-picking strategy helps spur on firm’s returns

While Ardian wants to make sure it gets the best pricing in its deals, the most indicative link back to the returns it generates is ‘not necessarily what we pay, but what we buy’, senior managing director Wills Small said in a video interview.

Offloading stakes a top consideration for 40% of LPs in 2025 – report

Secondaries were seen as offering the best investment opportunities for about 28% of LPs this year, up from 24% in 2023, according to a survey from Adams Street Partners.