The Middle East has seen increased interest in recent years with placement agents, advisory firms and GPs opening outposts there.
Research suggests evergreens can pay 6 points higher on average for LP portfolios than closed-end funds – findings that may not fully reflect all market dynamics.
The firm is seeking as much as $150m for Seine Capital Liquidity Solutions, which has a $200m hard-cap.
Ardian’s continuation fund for Syclef marks its first such transaction involving one of its own assets. It is also Astorg's first deal for its single-asset strategy.
Pennsylvania Public School Employees’ Retirement System's sale included stakes in funds managed by New Mountain Capital, Apollo Global Management and Platinum Equity.
The French asset manager has closed a single-asset CV for a French cybersecurity company, Secondaries Investor has learned.
The firm disclosed the launch of its concentrated deal-focused GP-led strategy in May.
The London-headquartered firm had been mulling a CV for three assets, including AssuredPartners and Safetykleen, Secondaries Investor has learned.
Many secondaries investors believe the sponsor-initiated secondaries market will exceed $70bn next year, according to a survey by the investment bank.
Pacific Equity Partners has deployed around 60% of its evergreen wealth product into overseas GP-leds, managing director Alex Ovchar tells Secondaries Investor.