GP-Leds

Bridgepoint eyes further secondaries growth as Newbury team comes on board

Both Bridgepoint, owner of PEI Group, and Bridgepoint Newbury expect to launch the next flagship secondaries fund in 2026, Pete Labbat and Chris Jaroch tell Secondaries Investor.

Acceptance of CVs means time is right for PE entrants: New Mountain’s Costello

Speaking on the sidelines of PEI Group’s NEXUS conference, Neal Costello, co-head of New Mountain Atlas, discusses how the PE firm will seek to differentiate itself and why he made the jump to the buyout firm.

GP-led credit market explores different deal and return opportunities as growth continues – NEXUS

The ability to select assets and ensure alignment with GPs will support the performance of credit GP-led deals, according to Olga Kosters, head of credit secondaries at Antares.

Secondaries’ 2026 blueprint

From increased LP selling to a new normal for CVs, here are some of the events that attendees at PEI Group’s NEXUS 2026 conference expect to see in the secondaries market this year.

GP-leds boost exits for Azalea’s offerings

Temasek’s Azalea Investment Management expects more GPs to use the technology to crystallise liquidity for LPs, according to managing director Justin Keh.

2026 should mark record year for exits and secondaries volume – Blackstone’s Perry

Exit volumes will move assets’ cashflows forward allowing secondaries buyers to offer higher prices, which in turn should pull sellers into the market, Blackstone’s global head of Strategic Partners said at Nexus 2026.

GIC emerges as lead buyer on Meridiam’s €2bn+ CV

The structure will consist of a portfolio of 22 infrastructure assets that are held by the firm’s legacy funds.

Blackstone Strategic Partners leads on EQT’s evergreen CV for EdgeConnex

The vehicle is expected to be $2bn in size once it is formally established, with room to get larger over time, Secondaries Investor understands.

Secondaries Investor full-year 2025 CV Deal Log

Last year saw 85 continuation vehicles close, with 40 more launching or being mulled, according to data gathered by Secondaries Investor.

Majority of CVs run by mid-market GPs in 2025 equivalent to 50% or more of latest flagship – Lazard

As mid-market sponsors look to hold onto trophy assets and deliver liquidity, they’re turning to larger CVs, with CV-on-CVs also expected to become more prevalent, according to a report.