In this podcast episode, Second Thoughts host Madeleine Farman and Americas correspondent Hannah Zhang talk through the spaces to watch in secondaries as end-of-year activity surges.
The oversubscribed vehicle is more than $300m larger than its predecessor.
Gemspring plans to transfer Texas-based chemicals distributor Shrieve Chemical Company into a continuation fund.
Some firms have been through large secondaries processes in the past and are more familiar with how they work, according to sources.
The $550m multi-asset fund highlights the increasing adoption of the CV technology among mid-market sponsors.
Ardian has previously backed single-asset continuation funds out of its co-investment programme and via an SMA with a US public pension.
Chirag Shah previously spent over a decade leading fund investments and co-investments at various institutional investors including DB Private Equity and GE Asset Management.
LP portfolio transactions deals don’t 'play to the strengths' of the Northern European powerhouse’s active ownership model, according to CFO Kim Henriksson.
The firm’s 2024 Global Fund Program raised just over $1bn.
Secondaries are carving out a greater share of the private real estate fundraising market following successive record fund closures in the past 18 months.