Home Spin-outs


Candover: the saga continues

The acquisition of Arle Capital Partners by a distressed legacy specialist is the latest in an almost decade-old attempt to salvage the UK investor’s legacy portfolio, sister publication PEI reports.

Why Glendower will be a big name in secondaries

The former captive unit of Deutsche Bank is no longer the parent company’s ‘neglected child’.

Deutsche secondaries team spins out – exclusive

The unit has formed Glendower Capital, focusing on private equity secondaries from London and New York, Secondaries Investor has learned.

Deutsche, Goldman spin-out launches as Stage Capital

The National Bank of Greece spin-out will focus on delivering returns for its two backers, chief executive Graham Thomas told, Secondaries Investor.

Former AlpInvest exec joins Hektor’s firm – exclusive

Jordan Bradley joins New 2nd Capital as a partner after spending 10 years at the fund of funds, Secondaries Investor has learned.

Balfour Beatty sells infra stake to Kuwaiti group amid spin-off

The UK developer's $618m fund has made investments that include solar power, marine transportation and energy utilities in Europe and the US.

AlpInvest former managing director starts new firm – exclusive

Tjarko Hektor, who worked on North American secondaries at Carlyle's fund of funds until last year, has launched New 2nd Capital, focusing on GP-centred transactions.

Deal volume hits $100bn

A compelling idea, we'll admit, but not true. It’s one of the thought-provoking statements that Secondaries Investor has tested out on market participants this week.

Deutsche, GSAM back NBGI spin-out

The National Bank of Greece has signed a €288m deal to spin out its private equity unit 18 months after proceedings began.

JPMorgan to sell secondaries unit JPEL

The management team at JPMorgan's listed secondaries unit will move to New York-headquartered Fortress's credit business.