GP-Leds

Pantheon backs BlackRock BDC’s credit CV

The new vehicle will house over $500m of debt positions held by TCPC, with pricing coming in at 95% of gross fair value as of 31 December 2025.

Behind GP-leds’ banner H1 figures

Market volatility only tells part of the story of the GP-led market’s domination in the first six months of the year, with fundraising and expansion into new asset classes also driving growth.

LGT Capital Partners launches debut credit secondaries strategy

The Switzerland-headquartered manager will seek to invest in LP-led, GP-led and opportunistic deals with an emphasis on senior lending, Secondaries Investor understands.

MetLife closes $1.2bn managed fund deal with Lexington

The insurer had shopped a portfolio of funds and co-investments with a net asset value of $1.8bn, Secondaries Investor understands.

KKR and Arctos mull GP-led strategy launch

KKR believes it can build a ‘world-class’ business targeting the sub-segment, CFO Robert Lewin said on the firm’s Q2 2026 earnings call.

The shorter the hold, the higher the burden

Assessing a quick-flip continuation vehicle on the asset’s hold period alone is an imperfect metric.

Evercore bets on APAC secondaries growth with team overhaul

The advisory firm’s APAC private capital advisory unit has more than doubled its headcount since February, senior MD Ben Hart tells Secondaries Investor.

StepStone leads on Cabot’s £140m CV for Premier Modular

The modular buildings provider, which is part owned by MML, raised £360m from a group of European infrastructure investors.

How much is too much leverage in CVs?

While lenders and buyers have both grown more accepting of leverage use in continuation funds, divisions remain over when and how these tools should be used.

Private real estate managers rewrite the playbook with secondaries

The strong growth of continuation vehicles signals that the real estate secondaries market has shed its reputation as a last resort for distress-driven strategies.