GP-Leds

Court Square runs single-asset process with Evercore, Goldman advising

Co-advisory mandates have become an increasingly common trend in continuation fund deals.

ICG collects record amount for biggest concentrated GP-led fund

ICG Strategic Equity Fund V has already raised more than its $6bn target.

Wellspring gave sale option to co-investors in SupplyOne, its biggest CV asset

Co-investment stakes included in GP- and even LP-led secondaries have become more prevalent as even direct investing LPs seek liquidity in the slow exit environment.

Blue Owl and Pantheon emerge as leads on Altamont’s CV for Taco Bell franchise – updated

The single-asset continuation fund deal, which is around $400m-$625m in size, is in the process of closing, Secondaries Investor understands.

Pantheon leads on SMBC’s secondaries deal to seed €450m private credit vehicle

A strip of performing loan investments have been moved off SMBC Group’s balance sheet to establish a new fund, according to a statement seen by Secondaries Investor.

Buyers seek concentrated CVs to complement diversified LP-led deals – Campbell Lutyens

Of the $27.6bn of GP-led activity seen in the first half, $17.2bn was deployed into single-asset or highly concentrated continuation funds, according to the adviser’s mid-year report.

Secondaries Investor Advisory Survey 2024: Co-advisory mandates arrive

One-third of respondents to Secondaries Investor‘s latest survey of intermediaries say they worked with another adviser on a transaction during the reporting period.

Deferrals become commonplace in GP-leds

More transactions are using a delayed payment structure in a bid to bridge mismatches in pricing expectations.

Hollyport seeks up to $4bn for flagship and launches separate GP-led fund

The firm is seeking $500m for a dedicated GP-led vehicle which has the potential to deliver enhanced returns.

Lexington, Eurazeo among backers of Astorg’s €1.4bn Normec deal

Secondaries Investor reported in May that CVC Secondary Partners and Pantheon were leading the transaction around TIC asset Normec.