GP-Leds

HarbourVest in line to back up to $2bn Asia spinout

A team is spinning out of emerging markets specialist Capital Group with a portfolio containing unicorns including Didi and Gojek.

Dominique Senequier: Ardian ‘already examining’ using continuation funds on its assets

The investment firm’s president has said it is evaluating opportunities for holding on to existing portfolio companies for longer.

Neuberger tallies $2.1bn for latest secondaries effort

The investment firm is closing in on the $3bn target of its fifth flagship programme.

Mill Reef closes debut fund on hard-cap

The firm, founded by the former head of secondaries at Schroder Adveq, focuses on small, complex secondaries deals in Europe.

Which top PE managers have used continuation funds?

Continuation funds, which accounted for 85% of all GP-led transactions in the first half of this year, are becoming a more accepted liquidity option.

New 2ND adds partner from AlpInvest

New 2ND was founded by a former AlpInvest managing director in 2016 and held a $572m final close on its second fund in June.

CPPIB reveals how much it backed in the General Atlantic GP-led

The pension giant joined lead buyers Ardian and HarbourVest Partners as well as Partners Group in an Evercore-advised process last month.

Asia is booming but regulatory risk looms

The actions of the Chinese government could be the difference between a good and a great year for the Asian secondaries market.

Mubadala builds third-party capital with BlackRock process

The asset management arm of Abu Dhabi’s second-largest SWF has sold a portfolio of assets to a group led by BlackRock and received a $400m primary commitment.