GP-Leds

Why some CV processes don’t cross the finish line

Issues around pricing, alignment and the absence of a lead investor can complicate matters, a conference has heard.

Healthcare specialist Amulet Capital runs CV-on-CV process for US Fertility

The single-asset process is part of what looks to be record-setting secondaries activity this year that appears headed for more than $200bn of total volume.

UBS taps Jefferies for GP-led hire – updated

The hire comes after the global investment bank appointed a new Europe-based professional to lead its EMEA business earlier this year.

Brookfield recapitalises $220m Swedish light industrial portfolio from EQT

Brookfield’s Real Estate Secondaries fund is almost fully deployed and the manager is in the market to raise a second one.

Around a quarter of buyers expect to deploy more evergreen capital into CVs – Lazard

A new survey shows some investors – especially larger ones – are more willing to use evergreen capital to cut bigger cheques for CVs and participate in syndication.

India warms to secondaries amid rising demand for DPI

Though India’s secondaries market remains comparatively nascent, its development has been bolstered in recent years by a confluence of regulatory changes, favourable market conditions and successful case studies.

Guy Hands’ Terra Firma gives LPs choice to cash out of residential homes asset

The deal involves Annington, which was created when Hands helped Japanese bank Nomura acquire military homes in 1996 from the UK government.

Affinity resumes CV on South Korea’s ServeOne

The firm reportedly paused a multi-asset CV involving this asset in 2023.

Riverstone runs single-asset CV on oil and gas storage company

An LP has received a re-investment option and a liquidity option, with the latter offered at a discount to current valuation.

Permira CV: Ardian, Hamilton Lane, HarbourVest, LGT Capital line up

One of the assets was partially realised by Permira last year, with the other involved in a take private deal this year, Secondaries Investor understands.