The deal involves Phoenix Tower International, which is held in the firm’s $7bn 2012-vintage vehicle.
2 min read · 27 June 2019
The LP body’s latest best practice guidance recognises the growing role of GP-led secondaries.
4 min read · 27 June 2019
The process on the 2011-vintage $11.2bn Fund XI will give the private equity giant liquidity while allowing it to continue managing a prize asset.
2 min read · 19 June 2019
A few dozen positions held in the 2005- and 2007-vintage Sankaty Credit Opportunities Funds II and III were moved into a separate vehicle in a deal that closed in early June.
2 min read · 07 June 2019
The potential process is the latest in a string of blue chip GPs exploring secondaries processes on their funds.
2 min read · 03 June 2019
Misaligned incentives, a lack of information and tight timeframes are the chief concerns of LPs, a majority of which have encountered a GP-led process.
2 min read · 03 June 2019
Allied Universal, the largest security force in North America, was valued at $7bn and could be moved into a separate vehicle backed by secondaries capital.
2 min read · 31 May 2019
The total deal is valued at just under $800m and the voting period ends this week.
2 min read · 30 May 2019
The CEE-focused buyout firm, which is seeking €800m for its fifth flagship, is considering restructuring options for its 2007-vintage fund.
2 min read · 28 May 2019
