The buyout-focused portfolio, sold at a 6% blended discount to NAV, will generate $300 million in net proceeds.
The partnership will also develop products for wealth investors, beginning with an evergreen private equity secondaries fund expected in the coming weeks.
We dive into the June performance, portfolio composition, and other details of the FTSE 250-listed fund, which targets investments through primaries, secondaries, and co-investments.
We map the fair value, cost, and acquisition timeline for one of evergreen capital's most invested-in Q1 continuation funds.
The vehicle will acquire New Zealand's largest egg supplier from the firm's 2013-vintage LBO fund, Navis Asia Fund VII.
At least 80% of net proceeds from the transaction will be directed toward a share buyback program aimed at generating liquidity and NAV accretion.
In parallel, the firm's stakes in industrial gas supplier AirFirst will reportedly move into the open-ended fund via a continuation fund structure.
HarbourVest Global Private Equity allocated 29% of its investments to secondaries as of February.
Institutional Link maps the fair value, cost, acquisition timeline, and more details for perpetual capital's most invested-in Q4 continuation fund.
Institutional Link dives into the January performance, investments, and portfolio makeup of the FTSE 250-listed fund.
