Strip sales, along with tender offers, structured/preferred equity and secondary directs, represented around 20% of the about $18bn in GP-led volume in the first half.
3 min read · 07 December 2023
The market for GP-led deals has been overshadowed by large LP portfolio sales, but certain deals, especially those with what buyers consider high-quality assets, are finding their way to final close.
2 min read · 05 December 2023
Jeff Hammer, global co-head of secondaries at Manulife Investment Management, discusses issues from moral hazard in continuation funds to the ethics of stapled deals with senior editor Adam Le.
1 min read · 20 November 2023
The pension fund’s proposal covers processes that involve contributing additional capital in continuation fund deals.
2 min read · 16 November 2023
The ‘phone keeps ringing’ on continuation fund dealfow, according to the listed manager’s chief investment officer and chief executive Benoît Durteste.
2 min read · 16 November 2023
Crescent Capital Partners is moving an Australian healthcare recruitment business into a separate vehicle.
2 min read · 15 November 2023
Stefano Manna joins as head of GP advisory and will help the bank provide sponsors with a range of services including single- and multi-asset continuation funds.
2 min read · 06 November 2023
The multi-asset transaction includes SupplyOne, a maker of packaging supplies, equipment, safety products and janitorial supplies.
3 min read · 01 November 2023
The financial software and services investor is using a continuation fund to re-invest in two assets it agreed to partially exit this year.
2 min read · 26 October 2023
