GP-Leds

Providence’s single-asset deal for Globeducate was one of two deals it was shopping in the market last year, Secondaries Investor understands.

Rob Campbell, head of North America at ICG’s Strategic Equity unit, outlines elements for a successful CV when just one asset is involved and why such deals differ from co-investments.

Executives from Coller Capital, HSBC, Lazard, PJT Park Hill and more opine on likely drivers of dealflow in the region this year.

There have been cases when continuation funds have been ‘misused and overused’, according to Teia Merring, senior investment director at USS and chair of ILPA.

Trinity Ventures’ deal involves moving 15 assets from its 11th flagship fund to a separate vehicle.

SQ Capital, founded by Mustafa Siddiqui, will focus on mid-market secondaries opportunities.

Mid-Market Secondaries III, the successor to co-investment and secondaries-focused vehicle Select Opportunities Fund II, reached its target.

The secondaries market anticipates 2024 will be a record year for volume, with first-half figures coming in at between $68bn and $72bn.

There’s a growing set of more than 28,000 buyout companies with diminished IPO and M&A exit avenues, according to Kline Hill Partners’ Mike Bego.

The $1.2bn secondaries transaction involves R1 RCM, a healthcare sector revenue cycle management services provider.