GP-Leds

Lazard secondaries head sees record-breaking wave of dealflow in Q1

LPs and GPs alike are finding secondaries technology ‘extremely beneficial’, Holcombe Green said at PEI Group’s NEXUS 2025 conference in Orlando this week.

Lead buyers emerge on Inflexion’s £2bn-plus multi-asset CV

The European mid-market firm, which has £11bn in AUM, is looking to move four UK-based assets into a new vehicle, Secondaries Investor understands.

GPs discuss valuation challenges as regulatory scrutiny rises

With market watchdogs looking more closely at private asset pricing, affiliate title Private Equity International spoke to managers of semi-liquid funds about their valuation methods.

TowerBrook running €1bn-plus multi-asset CV

Late last year, it emerged TowerBrook had used a continuation fund in a transaction to delist its portfolio company R1 RCM from NASDAQ.

LP terms disclosed for New Mountain’s continuation fund

Active GP members in the New Mountain team will roll all of their proceeds into the CV, according to LP documents.

Brookfield plans follow-on fund for real estate secondaries

Despite closing its debut real estate secondaries fund below target, the manager perceives a lack of capital in the market relative to the opportunity set.

ICG raises largest fund for GP-led secondaries with $11bn close

ICG Strategic Equity Fund V is more than double the size of its predecessor, which closed on $5.3bn in 2022.

Secondaries Investor CV Deal Log full-year 2024 – updated

Last year saw 70 continuation vehicles close, with scores more hitting the market, according to data gathered by Secondaries Investor.

Charlesbank runs single-asset process on autism therapy business

Continuation funds represented about 13% of sponsor-backed exit volume last year, the report said, up from 12% in 2023, according to BlackRock’s 2024 activity report.

HarbourVest leads Graham Partners’ CV on Gatekeeper

Deal highlights the increasing adoption of CV technology by mid-market sponsors, which have been strategically utilising more highly concentrated CVs than multi-asset vehicles.