GP-Leds

Secondaries Investor Q1 2026 CV Deal Log

Q1 saw 27 CVs close, with nine involving asset classes beyond private equity.

An immediate step up on long-term growth plans: Behind the Lazard CL tie-up

Following the announcement of Lazard’s agreed acquisition of Campbell Lutyens, future co-CEOs Holcombe Green and Gordon Bajnai discuss what to expect once the deal closes.

Coller emerges as sole lead on Verdane’s €600m-plus multi-asset CV

StepStone co-underwrote the transaction, which includes Arrive Group, marking the second time a PE firm has moved its exposure to this asset into a CV.

The five stages of CV grief

Munich Private Equity Partners’ Hans-Christian Moritz draws on the famed psychiatric model to describe an industry coming to terms with a new liquidity reality.

Roundtable: Why secondaries is thriving on volatility

The world may be reeling from geopolitical shock after geopolitical shock, but this uncertainty is only fuelling record-breaking secondaries activity.

Data Dive: Reading the signals in secondaries sentiment

In this episode of PEI Group’s new podcast miniseries, we analyse the key findings from Secondaries Investor’s inaugural Global Market Survey.

CV fee terms converge amid a more competitive market – Morgan Lewis

The CV market is increasingly focused on ‘best practice terms’ rather than simply getting deals done, partner Joe Zargari tells Secondaries Investor.

Manulife buying infra CVs, secondaries to address low DPI

Rising retail flows offer a new exit route for infra assets, but they also create their own issues, infrastructure fund investment head Kate Roscoe tells Secondaries Investor.

Majority of CVs see both tiered carry and dual return metrics – Morgan Lewis

Over half of CVs have carried interest waterfalls with both IRR and MOIC return thresholds, according to the law firm’s upcoming report on CV term trends.

LPs look to blindpool fund side letters for more visibility on CVs: Morgan Lewis – updated

Some LPs are finding themselves as forced sellers in CVs because of the length of time given in election periods.