GP-Leds

India’s Neo nears $250m final close on debut secondaries fund

The fundraise is the private credit and real asset manager’s first private equity secondaries endeavour.

Ex-Blackstone exec’s firm makes K1 single-asset CV its debut transaction

SQ Capital was the lead buyer of the $160m CV for portfolio company TeamDynamix, understood to have been run in an off-market deal with no bankers involved.

Secondaries volume reaches $165bn in Q3, in line with 2024’s full-year figures – PJT

Q3 saw $60bn of secondaries volume with just over half made up of GP-led deals, according to estimates from the investment bank.

Introducing Secondaries Investor’s Global Market Survey

Secondaries Investor launches its inaugural Global Market Survey to map the market, its drivers and the changing nature of the asset class.

Baird’s Duksin: 40 Act funds make up 15-20% of secondaries market demand

While ’40 Act funds haven’t yet moved market pricing in GP-led deals, these evergreen funds are ‘certainly are participating and creating syndicate demand’, Baird’s GP solutions group co-head Jeremy Duksin tells Secondaries Investor.

Goldman Sachs leads on Tailwater single-asset deal

The deal is one of the rarer energy assets to make use of secondaries as a way to extend holds and deliver liquidity to limited partners in an older fund.

Hamilton Lane leads on €300m single-asset CV from Main Capital

The CV from enterprise software investor is the latest deal from Europe, a region that continues to be on a GP-led tear.

Carlyle AlpInvest, HarbourVest and Pantheon lead on ECI’s £600m CV

The deal marks at least the third European CV backed by Carlyle AlpInvest and HarbourVest this year.

Partners Capital: LPs need to watch out for co-investment ‘style drift’ towards secondaries

GPs need to be transparent with LPs about the impacts of having GP-led deals in co-investment funds, Partners Capital’s head of co-investments Adam Spence says.

The GP stakes secondaries stop-gap

While there is growing demand for liquidity in the GP stakes market, significant structural barriers keep capital locked up.