GP-Leds

The 'phone keeps ringing' on continuation fund dealfow, according to the listed manager's chief investment officer and chief executive Benoît Durteste.

Crescent Capital Partners is moving an Australian healthcare recruitment business into a separate vehicle.

Stefano Manna joins as head of GP advisory and will help the bank provide sponsors with a range of services including single- and multi-asset continuation funds.

The multi-asset transaction includes SupplyOne, a maker of packaging supplies, equipment, safety products and janitorial supplies.

The financial software and services investor is using a continuation fund to re-invest in two assets it agreed to partially exit this year.

The software and services industries-focused firm has moved home and commercial services platform Apex Service Partners into a continuation fund in one of the largest deals of the year.

While activity on the GP-led side has been slower, several large deals have gotten done with buyers choosing to work with high-quality assets managed by firms they know well.

Traditional LPs contemplating GP-led focused funds have been intent on identifying examples of fully crystallised continuation funds in recent years.

The investment banking arm of Daiwa Securities Group has grown its secondaries advisory team to six people.

As more sponsors seek to run continuation vehicle transactions, two managers lay their cards on the table and discuss what improvements they would like to see from the market.