Home Restructuring


Ardian offloads €1.1bn Fund II assets to APG and AXA

The investment firm will retain either an asset management or advisory role at each of the companies and projects in the eight-strong European portfolio.

Navigating conflicts in non-traditional real estate deals

Desi Co, co-founder of advisory business Accord Group, explains why some secondaries investors are offering real estate managers a chance to keep their properties through non-traditional deals.

Asian secondaries: worth a second look

The strategy is an increasingly popular way of refreshing global private equity exposure in the region, and buyers need to be savvy about the terrain, writes Atlantic-Pacific Capital’s Charles Wan.

Special situations more in demand than real assets

Expectations of a change in market conditions during and the funds trading at discounts have led to their popularity, according to Asante Capital Group.

Pantheon buys in Marguerite GP-led

The deal involves five European renewable and concession-based assets from the infrastructure manager's first fund.
Christiaan de Lint

Finding beauty in complexity

Headway Capital Partners’ Christiaan de Lint says his firm, with its knack for direct secondaries, relishes ‘handling deals that other secondaries buyers don’t like’.

Nordic Capital restructuring attracts bids – exclusive

Primary and secondaries market players are keeping a keen eye on the process involving the firm's €4.3bn 2008-vintage fund.

Aberdeen: GP-leds strain investor loyalties

Some LPs are feeling betrayed in fund restructurings because GPs are having to choose who they serve, the firm's senior investment manager said.

Idinvest focuses on restructurings with Secondary Fund III

Around 80% of the firm's latest secondaries fund is invested in GP-led processes, according to chief executive Christophe Bavière.

LatAm secondaries deals face low success rate

Mismatched price expectations between local sellers and foreign buyers are likely to results in 90% of deals stalling, according to Altamar's Latin America head.