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Secondaries

Blair is one of several banks and financial advisers thinking about adding secondaries capabilities.
GP-led deals drove secondaries volume to record levels last year, reaching more than an estimated $134bn.
Internet Brands operates popular consumer websites like WebMD, which it acquired in 2017 for about $2.8 billion.
The sale is one of several that hit the market since the second half of 2021, when traditional LP portfolio sales came surging back into the market.
The Duravant process is among a slew of single-asset processes to hit the market since last year, which is helping to drive total deal volume to record levels.
The CalPERS sale is among a slew of traditional LP portfolio sales to hit the market since the fall, with prices high and buyer interest piqued by more diversified investments.
Clearlake completed a single-asset secondary transaction last year moving Wheel Pros out of an older fund and into a continuation vehicle for more time and capital to grow the company. 
Jones will oversee the firm's secondaries activity in London and will lead the strategy along with Michael Woolhouse.
Novacap Industries V, managed by Novacap, and a continuation fund have acquired a majority interest in The Master Group, a Boucherville, Quebec-based HVAC/R products distributor.
HarbourVest also agreed to commit to anchor Kibo Ventures Opportunity Fund I, that will continue supporting the existing portfolio.
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