Hannah Zhang

The sector's rapid growth has impacted pricing in the secondaries market and shifted some large buyers' behaviour.

The treatment of co-investments in continuation vehicles could provide guidance on how things may play out when PE-backed portfolio companies with a broad-based employee stock ownership plan are rolled into a CV.

KKR bought a portion of the asset through a separate M&A process, which is understood to have been used to anchor pricing that the Evercore-advised CV transaction was based off.

The process highlights the potential use of GP-led technology for longer holds on restaurant chain businesses.

Hamilton Lane is seeing an 'extremely strong' dealmaking pipeline in infrastructure secondaries, according to the firm's head of infrastructure and real assets Brent Burnett.

Details of how the firm's secondaries funds have performed have been disclosed in documents prepared for a US public pension.

Tokenised secondaries funds are a great match for first-time investors in private markets, says Securitize co-founder Jamie Finn.

The deal highlights how continuation funds are filling the void in the exit market when traditional exit routes remain subdued.

The $200m deal is one of the larger energy-focused multi-asset CVs that have closed in the secondaries market.

The institution wants to understand “how deep the private credit secondaries market is” after seeing stellar returns from PE secondaries, senior portfolio manager John Mogg said in a recent advisory council meeting.