GP-Leds

Is the rise of CVs creating a ‘black hole’?

Amid the widespread adoption of continuation funds, an LP’s ability to roll into a fund is becoming more important.

Real estate secondaries provides inroads to in-demand sectors

As high interest rates, depressed values and fluctuating markets continue to squeeze investors, real estate secondaries is flourishing.

FIRSTavenue seeks to ramp up secondaries and PE advisory capabilities

The placement agent, which takes a generalist approach to primary and secondaries advisory, has made a number of hires from advisers including Mercury, chief executive Paul Buckley tells Secondaries Investor.

Secondaries surge as private real estate investors seek solutions

Three major themes emerge in real estate secondaries as private equity investors and fund managers look for liquidity.

William Blair poaches new European secondaries lead from Moelis

The investment bank is the latest adviser to tap peers for secondaries talent, with Moelis hiring Matt Wesley from Jefferies this year.

Kline Hill and Barings co-lead deal for financial services asset

The deal marks the first CV for mid-market specialist Estancia Capital Partners, Secondaries Investor understands.

Partners Group acquires board seats as part of single-asset deal

The €250m CV for biogas company Grupo Gestcompost is the largest transaction of its kind for Barcelona-headquartered Suma Capital.

Accel-KKR runs sizeable single-asset, CV-on-CV process

The single-asset process will allow the firm to hold onto a software company which was part of a multi-asset deal it ran in 2019, Secondaries Investor has learned.

Leonard Green runs two continuation fund processes across five assets

HarbourVest and Goldman Sachs are understood to be the lead buyers on the multi-asset continuation fund and a single-asset continuation fund, respectively.

Greenhill hires Mercury’s former secondaries head Banerjee as MD

Devrup Banerjee will spend the bulk of his time advising on GP-led deals at the Mizuho-owned investment bank, Secondaries Investor understands.