GP stakes

The GP stakes market in Europe is on an upward trend, according to managing director and head of UK Catherine Haumesser.

Fund II has both domestic and offshore structures, meaning the total amount sought could be even larger.

As GP staking firms come up with novel ways to provide exits to investors, the burden will be on them to show such efforts are worth it in the long run.

The hire will also help further the bank's advisory work in control deals, firm-level financings and NAV loans.

The transaction has been backed by capital from long-term yield-oriented institutions and not traditional secondaries firms, PEI understands.

Investcorp has partnered with Securitize to capitalise on a market opportunity estimated at about $400bn.

Fundraising for healthcare vehicles almost doubled last year and our latest special report examines where the money will be spent. Plus: LP portfolio management on the up and Temasek subsidiary's credit move. Here's today's brief, for our valued subscribers only.

The country’s largest public pension will pursue both private equity and private credit continuation fund opportunities, investment policy committee member Sam Y Chung tells PEI.

The GP stakes giant is seeking $13bn for its sixth flagship, according to PEI data.