GP-Leds

Secondaries Investor CV Deal Log Q1-Q3 2024 – updated

Download our latest list of the continuation funds that were known or disclosed during the first nine months of this year.

Buyers predict record volume in 2024, increased pricing into 2025 – William Blair

Secondaries investors expect pricing for GP- and LP-led deals to mostly increase or stay the same, with few expecting decreases.

Accel-KKR raises $2.2bn for secondaries sector specialisation play

Ardian, StepStone, Adams Street Partners and CPP Investments are LPs in the firm’s debut buyside fund.

ICG chief: ‘We could deploy a $20bn GP-led fund’

Benoît Durteste says investing the capital would not be challenging – a change in tone compared with comments he made in September regarding larger GP-led deployment.

LGT leads Australian GP Armitage’s $100m+ concentrated continuation fund

The deal follows the close of LGT Capital Partners’ last flagship fund, which closed above its target on over $7bn.

Astorg and Eurazeo to take lead on Ardian’s €500m-plus CV

Ardian’s continuation fund for Syclef marks its first such transaction involving one of its own assets. It is also Astorg’s first deal for its single-asset strategy.

Five Arrows and TPG step up as lead buyers on Eurazeo’s continuation fund

The French asset manager has closed a single-asset CV for a French cybersecurity company, Secondaries Investor has learned.

Apax scraps option of sizeable continuation fund for multiple companies

The London-headquartered firm had been mulling a CV for three assets, including AssuredPartners and Safetykleen, Secondaries Investor has learned.

GP-led volume expected to hit record year – DC Advisory

Many secondaries investors believe the sponsor-initiated secondaries market will exceed $70bn next year, according to a survey by the investment bank.

The rise of the DIY CV

All players – GPs and LPs – are getting more sophisticated in the CV world, and the processes around these deals will continue to evolve.