Performance

CVC secondaries flagship collects $6.5bn as it nears target

The fund, which is already larger than its predecessor, is expected to close in 2026 and exceed its $7bn target.

NYS Common commits $550m to TPG’s GP-led strategy

The pension committed $500m to GP Solutions II’s predecessor, marking the biggest commitment made to a secondaries fund last year.

CVC’s latest secondaries flagship expected to exceed target

The firm’s half-year activity update also disclosed launch plans for future secondaries vehicles.

Partners Group reaps buyout-like returns from infra portfolio

The firm’s infrastructure partnership investments unit has generated $1.5bn for investors in the first half of this year.

CVs offer lower return dispersion compared with buyout funds – Evercore

A report by the investment bank and the HEC School of Management in Paris has reaffirmed findings that continuation funds perform largely in line with buyout funds with less risk.

There’s a new deal type in town

Presenting: the buyer-led secondaries deal.

Continuation fund performance begins to solidify – Morgan Stanley

The median MOIC for continuation funds slightly outperforms that of buyouts, in line with findings presented early last year including a larger data set, according to a report.

Secondaries Awards 2024: Asia-Pacific winners

The top secondaries deals, firms, law firms and advisers of the year from the APAC region.

Glouston’s latest flagship beats target by more than $100m – updated

Glouston Private Equity Opportunities VII closed on $558m, making it the firm’s largest vehicle to date.

Commonfund’s Lodge: Not all CVs are working out

While continuation funds are increasingly common liquidity solutions, not all of them are delivering the appropriate returns, according to Cari Lodge, head of secondaries at Commonfund.