GP-Leds

Lindsay Goldberg runs single-asset process on Aspire Bakeries

The single-asset continuation fund deal is among many that are keeping secondaries professionals busy and sending the market to what could be record volume levels.

Ardian seeks first continuation fund for its own portfolio company

The Paris-headquartered asset manager is looking to extend its hold on a portfolio company within its mid-cap European Expansion strategy, Secondaries Investor has learned.

Multi-asset CVs show signs of earlier DPI compared with single-assets – Evercore

A study by the bank and the HEC School of Management has also reinforced earlier findings that single-asset CVs perform largely in line with buyout funds, while offering lower return dispersion.

TriSpan engages Goldman for single-asset CV for restaurant chain

The process highlights the potential use of GP-led technology for longer holds on restaurant chain businesses.

Schroders Capital renames PE secondaries funds after leaning into GP-leds

The new designation reflects Schroders Capital’s commitment to the increasing GP-led opportunity set, a spokesperson tells Secondaries Investor.

Bain Capital runs $1bn-plus GP-led across five companies

Buyers have explored the deal and at least two firms are understood to have emerged as potential backers.

Lexington, on GP-led deal tear, steps up on Lightspeed multi-asset

Around 14% of GP-led market volume in the first half involved growth and venture capital, which was up markedly from the first half last year, according to Lazard’s half-year secondary volume report.

GTCR launches single-asset CV for AssuredPartners

The deal highlights how continuation funds are filling the void in the exit market when traditional exit routes remain subdued.

JPMorgan and Campbell Lutyens close first joint mandate with formal partnership

The pair are working on a further four global co-advisory mandates, Alex Bruce and Immanuel Rubin tell Secondaries Investor.

When continuation fund assets go bankrupt

As the continuation fund market evolves and expands, it is inevitable that some of the assets would fall into bankruptcy.