ADIA is the world’s third-largest sovereign wealth fund investor in private equity, with $106 billion of exposure to the asset class as of last year, according to affiliate title Private Equity ...
While there are compelling reasons why a continuation vehicle-squared transaction may work well for certain assets, there is an additional checklist that market participants are following to ensure a ...
Belgian holding company Groupe Bruxelles Lambert is running a large LP-led secondaries process to offload a portfolio of ...
Also this month, TDR Capital closed a single-asset CV to extend its hold of UK health club chain David Lloyd Leisure. The ...
The CV is part of a wider €6.5 billion equity deal involving PAI’s partners in the endeavour, Nestlé and Abu Dhabi Investment ...
UBS’s private funds group has hired a managing director from DC Advisory’s secondaries advisory unit to lead its European business, Secondaries Investor has learned. Michael Wieczorek will join the ...
Adams Street Partners is deepening its push into the evergreen market with the launch of a semi-liquid fund focused on mid-market private equity opportunities. The $62 billion firm is launching Adams ...
London-headquartered TDR Capital is the latest manager to close a single-asset continuation fund in Europe, extending its hold of UK health club chain David Lloyd Leisure. The deal values David Lloyd ...
Continuation funds have again made headlines this year, with several large vehicles launching and closing. New Mountain Capital closed a $3.1 billion single-asset deal for Real Chemistry, while Vista ...
Secondaries activity surged to unprecedented levels in the first half of the year amid rising trade tensions and persistent macroeconomic headwinds. LP-led transactions accounted for $54 billion – or ...
CVC Capital Partners has returned to the secondaries market seeking a single-asset continuation fund for a Nordic asset, marking the latest in a series of large GP-led deals to come out of Europe this ...
“These are very nascent ideas and transaction structures for a lot of VCs, so there are gigantic bear traps out there for people who wander into it unaware of these kinds of dangers,” says Shane ...