AlpInvest and Montana lead Ping An’s latest secondaries deal to seed new fund
The process involved moving a portfolio of buyout and growth stakes from North American and European managers into a new vehicle.
Lindsay Goldberg runs single-asset process on Aspire Bakeries
The single-asset continuation fund deal is among many that are keeping secondaries professionals busy and sending the market to what could be record volume levels.
Ardian seeks first continuation fund for its own portfolio company
The Paris-headquartered asset manager is looking to extend its hold on a portfolio company within its mid-cap European Expansion strategy, Secondaries Investor has learned.
Ham Lane and StepStone pick up BNP insurance arm’s PE and infra sale
The €255bn insurance arm of French financial giant BNP Paribas Group had brought a portfolio to market earlier this year.
Ares acquires its largest credit secondaries portfolio to-date
The portfolio was offloaded by a US-based institutional seller and comprises over 1,500 loans.
Morgan Stanley, Hayfin back CV on Nordic GP Impilo-owned healthcare asset
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.
TriSpan engages Goldman for single-asset CV for restaurant chain
The process highlights the potential use of GP-led technology for longer holds on restaurant chain businesses.
Blackstone emerges as buyer on Fubon Life’s $1bn-plus infra stake sale
The Taiwanese life insurer is selling a portfolio of five stakes in USD- and euro-denominated funds, including an EQT vehicle.
Bain Capital runs $1bn-plus GP-led across five companies
Buyers have explored the deal and at least two firms are understood to have emerged as potential backers.
Dawson picks up Dutch pension manager MN’s €1.5bn portfolio sale
MN brought the portfolio of private equity fund stakes to market this year, affiliate title Buyouts reported over the summer.