Advising Investec Alternative Investment Management, a subsidiary of Investec Bank plc, on the launch of the Investec Senior Debt Fund, a private credit fund with ~ €400m of investable capital.
Advising Hermes GPE on the GP-led liquidity solution offered to BT Pension Scheme for ~ 55% of an SMA consisting of 90 lower/mid-market private equity funds and co-investments with a reference date net asset value of ~ USD 1.2bn. The transaction, which was underwritten by CPP Investments and included a significant syndication element, was structured as a strip sale into a continuation fund and is a complex hybrid between a GP-led secondary continuation fund structure and a LP-led secondary sale.
Advising Hermes GPE on £bns worth of secondary market transactions, including various continuation funds backed by Ardian, CPPIB and HarbourVest Partners.
Investec Bank plc on subscription, hybrid, NAV, secondaries, GP support and management fee facilities in excess of £10 billion made available to funds and general partners across private equity, credit, private equity real estate, infrastructure and secondaries asset classes.
Advising a large European limited partner on the structured secondary financing of a ~£1.5bn portfolio.
Advising a leading UK private equity fund manager on a ~$300 million GP-led secondary underwritten by HarbourVest Partners.
Advising Medicxi Ventures, the leading life sciences investment firm, on a ground-breaking ~ €200 million GP-led secondary transaction, which was underwritten by Pantheon and LGT Private Equity and which was unprecedented in the biotechnology industry.
Advising Abris Capital Partners on a GP-led secondary backed by Glendower Capital and Idinvest.
Advising Kibo Ventures, a leading Spanish venture capital manager, on a GP-led secondary underwritten by HarbourVest Partners.
A club of five international banks on a ~€1.5 billion subscription facility for a large international secondaries fund.
Private equity, private equity real estate and secondaries managers such as Equistone, Benson Elliot and Hermes GPE on subscription and co-invest facilities for various of their fund vehicles.
