The sponsor-initiated secondaries market will hit a stumbling block if incumbent LPs’ needs and wishes aren’t prioritised over those of incoming ones.
3 min read · 04 July 2024
Diversis, formed in 2013, acquired a majority stake in Tempo in 2018, and bought the rest of the company in 2022.
2 min read · 26 June 2024
The country’s largest public pension will pursue both private equity and private credit continuation fund opportunities, according to investment policy committee member Sam Y Chung.
3 min read · 25 June 2024
Growth equity assets are seeing ‘pretty good’ bargains, yet the mismatch in valuation expectations may hinder dealmaking.
3 min read · 19 June 2024
A quick exit out of a continuation fund can also raise questions about whether a GP knew about a potential exit even while pursuing the continuation fund, or if the offer came out of the blue.
7 min read · 13 June 2024
Secondaries investors in the $1.1bn continuation fund also committed to the firm’s latest fund in market, which closed on more than $2.3bn.
3 min read · 07 June 2024
The European buyout firm moved Sunrise Medical into a landmark €2.5bn multi-asset continuation vehicle six years ago.
3 min read · 06 June 2024
Crown Secondaries Special Opportunities III has closed on $3bn ahead of its $2.5bn target.
2 min read · 05 June 2024
The single-asset continuation fund process is part of a wave of such deals GPs are attempting as a way to deliver proceeds to limited partners in older funds at a time of slow exit activity.
2 min read · 05 June 2024
