Secondaries

The investment firm has acquired minority direct stakes in the fund's portfolio companies and will work with the Italian manager to raise a country-focused fund.

The deal involves the Polish private equity firm's 2010-vintage fund and investors have the option to sell or roll over into a new vehicle.

The buyout firm is no longer proceeding with its proposal to move assets from Apax Europe VII into a continuation vehicle, sister title Secondaries Investor has learned.

The lower- and mid-market-focused firm had hired Greenhill Cogent to work on a tender offer process on its 2009-vintage fund.

The potential deal involves the Scandinavian private equity firm's 2008-vintage fund which has around €2bn in NAV.

The UK's second-biggest private equity firm is working on a plan to roll over existing assets into a new 5-year vehicle, according to sister publication Secondaries Investor.

We take a closer look at the Nordic firm's recent deal and the vogue for stapled transactions.

As funds come to the end of their lives with considerable remaining NAV, secondaries investors have upped their pursuit of tail-end deals.

Nigel Dawn, from advisor Evercore, discusses some of the ways in which GPs can strategically access the secondaries market to actively manage their portfolio, accelerate liquidity for their investors while maximising the value of their portfolio companies.

Partners Group is backing a deal to provide liquidity for LPs in the Swedish firm's 2011-vintage buyout fund, according to sister title Secondaries Investor.