Secondaries archive
Every Secondaries story, newest first. 117 stories
1 story
- Fundraising
Vintage raises $920 million across venture and secondaries
AltAssets reported the Oct. 26 raise as one combined figure for the two strategies; the public summary does not split them.
3 stories
- The Wrap
No new secondaries funds close; Pantheon repeats $6bn
Ares's Stegosaurus Form D discloses no offering size; Evercore names Dawn co-president
- The Wrap
Pantheon closes $6bn fund; full deployment would take 30 deals
Pantheon deployed about $3.35 billion across 17 secondary transactions in 2025, roughly $197 million a deal, per coverage of the close.
- The Wrap
Pantheon closes eighth secondaries fund at $6 billion
The fund closed at double its $3 billion target and deployed $3.35 billion across 17 secondary transactions in 2025.
2 stories
- The Wrap
Pantheon closes eighth secondaries fund at $6bn, double its $3bn target
AltAssets reported the close; GenNx360 also closed a $285m Churchill-led continuation fund, while LGT and Coller EQT co-led a reported €1.25bn EMK vehicle.
- The Wrap
Pantheon closes eighth secondaries fund at $6bn, double its $3bn target
AltAssets reported the close; Pantheon deployed about $3.35bn across 17 secondary transactions in 2025.
2 stories
- Fundraising
Pantheon closes eighth secondaries fund at $6bn, double its $3bn target
AltAssets reported the close; Pantheon deployed about $3.35bn across 17 secondary transactions in 2025.
- The Wrap
Ares files Form D listing structured solutions entities for Stegosaurus secondaries vehicle
The filing lists Ares Global Structured Solutions Management LP, Ares Global Structured Solutions LLC, Matthew Jill and Nathan Walton as related persons; the offering size is undisclosed.
1 story
- Fundraising
Ares files Form D for Stegosaurus secondaries vehicle with undisclosed size
The Oct. 14 notice lists Ares Global Structured Solutions Management LP, Ares Global Structured Solutions LLC, Matthew Jill and Nathan Walton as related persons
3 stories
- The Wrap
Evercore names Nigel Dawn co-president; October 19 secondary log lists no fund closes
AltAssets reports the appointment, while the Daily Network's October 19 log records no continuation-vehicle or secondaries fund closes.
- The Wrap
Evercore names Nigel Dawn co-president alongside Naveen Nataraj
AltAssets reports Dawn, head of private capital advisory, shares the title with investment banking executive Naveen Nataraj.
- The Wrap
Evercore names private capital advisory head Nigel Dawn co-president
AltAssets reports Dawn shares the title with investment banking executive Naveen Nataraj.
1 story
- The Wrap
GenNx360 closes $285m continuation fund for Whitsons
Churchill led the vehicle; no price was disclosed.
4 stories
- The Wrap
LGT and Coller EQT co-lead EMK Capital's €1.25 billion VDK continuation fund
PE Hub reported the Netherlands-based technical installation group operates in five European countries; the report did not include a price.
- GP-led deals
LGT and Coller EQT co-lead EMK's €1.25bn VDK Groep continuation fund
VDK Groep is a Netherlands-based technical installation services group operating in the Netherlands, Germany, Austria, Switzerland and Sweden, according to PE Hub.
- The Wrap
Hg raises €1bn first close; GenNx360 closes $285m Churchill-led continuation fund
Hg's debut GP-led secondaries fund is more than halfway to its €1.75bn target; StepStone has raised more than $3.1bn toward $6bn.
- Fundraising
Hg raises about €1bn in first close for debut GP-led secondaries fund, AltAssets reports
The reported first close puts the vehicle past halfway to its €1.75bn target, according to AltAssets.
3 stories
- GP-led deals
GenNx360 closes $285m Churchill-led continuation fund for Whitsons
Whitsons provides dining services and prepared meals to schools, residential healthcare facilities and commercial customers.
- The Wrap
StepStone raises more than $3.1bn toward $6bn target for sixth PE secondaries fund
AltAssets cited newly amended U.S. regulatory filings; the total is not a final close.
- Fundraising
StepStone's sixth private equity secondaries fund raises more than $3.1bn toward $6bn target
AltAssets reported the fundraising total on Oct. 14, citing newly amended US regulatory filings.
1 story
- The Wrap
AIP Capital, GFH Bank and Bridgepoint launch $1bn fund; Pemberton adds two hires
Blackstone Credit & Insurance separately closed a $1bn deal involving Analogic and Leidos, our tracking shows.
2 stories
- The Wrap
Meridiam closes $4.5 billion continuation vehicle without disclosing a price
Ibex's $87 million Israel-focused close was the week's only secondaries fund close with a disclosed figure, our records show.
- The Wrap
ECP raises $834m Next Wave continuation fund; Meridiam closes $4.5bn infrastructure vehicle
ECP’s $3.3bn Fund IV investors can cash out or roll at an undisclosed election price; Meridiam’s $4.5bn fund extends ownership of 15 assets.
3 stories
- The Wrap
Energy Capital Partners raises $834m continuation vehicle for Next Wave Energy Partners
Investors in its $3.3 billion Fund IV can cash out or roll; the price used for the election was not disclosed.
- The Wrap
Meridiam closes $4.5bn continuation vehicle for 15 North American assets, AltAssets reports
The North America Core Fund gives existing investors a liquidity option while extending Meridiam’s ownership of transportation and social infrastructure assets.
- GP-led deals
Meridiam closes $4.5bn continuation vehicle for 15 North American assets
The vehicle keeps the assets with Meridiam while giving investors in earlier funds an exit, AltAssets reported.
2 stories
- The Wrap
Energy Capital Partners raises $834m continuation vehicle; reporting names no price-setter
Investors in ECP's $3.3 billion Fund IV can cash out or roll into the vehicle for Next Wave Energy Partners; the reporting does not say who set the price.
- The Wrap
Triple Point closes $55M Perch Group deal with rare disclosed secondary size
The disclosed deal number gives investors a comparable while recent GP-led continuation vehicles closed without asset-level pricing.
1 story
- GP-led deals
Energy Capital Partners raises $834m continuation vehicle for Next Wave Energy Partners
Investors in ECP's $3.3 billion Fund IV can cash out or roll into the vehicle, though the reporting omits who set the price.
5 stories
- The Wrap
Ares Secondaries discloses $500m Sabey deal as continuation vehicles close without prices
Sun Capital's Anderson Global and Center Rock's Power Services Group were among three continuation vehicles that closed without a disclosed price or size.
- The Wrap
Nasdaq and LODAS announce a Harrison Street real assets secondary for wealth platforms
The same week, Sun Capital and Center Rock closed continuation vehicles with no disclosed prices, and Talcott Resolution and Lincoln National closed a $6.3 billion insurance risk transfer.
- The Wrap
Talcott-Lincoln closes $6.3 billion risk transfer; Warburg's Awayday liquidity has no price
AlpInvest, Ares Management, and Ibex each filed or launched funds the same day, keeping secondaries capital formation in motion.
- The Wrap
Warburg Pincus funded Awayday holder liquidity from its $4bn-plus Capital Solutions Founders Fund
Ares Management and LightBay Capital remain Awayday's controlling shareholders after the Warburg-funded transaction, for which no price was disclosed.
- LP portfolio sales
Warburg Pincus provides liquidity to Awayday holders; price undisclosed
AltAssets reports the investment came from Warburg's $4bn-plus Capital Solutions Founders Fund, leaving Ares and LightBay as controlling shareholders.
3 stories
- The Wrap
AlpInvest registers ninth onshore secondaries fund as three continuation vehicles close unpriced
Ibex's $87 million Israel-focused fund was the week's only secondaries close with a disclosed figure; Sun Capital and Center Rock were among three continuation vehicles reported without prices.
- The Wrap
Ares raises $4.2 billion for debut structured solutions fund, topping $1 billion target
Ares set a $1 billion target for the vehicle, which finances private-equity managers; separately, three continuation vehicles closed without reported prices.
- Fundraising
Ares raises $4.2bn for debut structured solutions strategy, topping $1bn target
The debut vehicle targets financing for private-equity managers, which AltAssets ties to growing demand for that exposure.
2 stories
- The Wrap
SaaS buyout median falls to 11.7x as three continuation vehicles close unpriced
Forvis Mazars and PitchBook put the median at 11.7x, down from 20.4x across 702 sponsor deals worth $58.8 billion.
- Pricing & Data
SaaS buyout multiples fall to 11.7x from 20.4x on $58.8bn of sponsor deals
Forvis Mazars and PitchBook put the median EV/EBITDA multiple on private equity SaaS deals at 11.7x in the first half, down from 20.4x, across 702 transactions worth $58.8bn.
1 story
- GP-led deals
Center Rock closes Power Services Group continuation vehicle led by New 2ND Capital
PE Hub reports no price, vehicle size or rollover terms for the Cape Coral turbine-parts supplier.