GP-Leds

The process is understood to be in the early stages and could involve multiple funds, Secondaries Investor understands.

The companies involved are housed in FSN Capital V, which closed in 2016 on €1bn, Secondaries Investor understands.

Our latest poll of the legal world suggests a $1trn market isn’t far off.

Several deals across the mid-market have closed recently and market professionals see continued vibrancy at this smaller level of secondaries.

The transaction, which saw AlpInvest and HarbourVest as co-leads, was oversubscribed with One Equity having to turn investors away and cut back its existing investors.

Legal experts we spoke to this week say a black-and-white view of status quo options is neither useful nor practical.

Secondaries Investor speaks with Marc Lipschultz, co-founder and co-president of Blue Owl, on the back of its appointment of a former Goldman Sachs partner to lead the strategy.

The trade group has issued guidance to address concerns over conflicts and the speed of GP-led deals.

The SEC’s aim for more standardised GP-led real estate secondaries transactions will step up a gear with the likely introduction of regulations in 2024.

Presidio saw an opportunity to extend its hold over Elevate as it continues to implement its growth plan that includes further spending and future acquisitions.