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Publically Announced Secondary Deals of 2013.Pdf Publically Announced Secondary Deals of 2013 The following is a summary of all publically announced secondary deals of 2013. Please note that not all deals were executed in their entirety or at all and many may not close before year end. Secondary deal headlines can be found at www.secondarylink.com/news/deals . Date Deal Seller Buyer Stated Size Highlights - Excerpts News Article 11-Jan-13 3i Group 3i Group Not Stated Not Stated London-listed 3i Group has started Dow Jones Portfolio Sale the sale process of at least four companies, including Canadian company Mold-Masters 15-Jan-13 Kensington Kensington Not Stated Not Stated Kensington has sold their LP stake PEI Media Bain X Sale Capital to an existing investor in the fund Partners 16-Jan-13 Credit Suisse Credit Not Stated 500 Million Credit Suisse Group AG is selling its Bloomberg GIP Sale Suisse $500 million investment in the first fund raised by Global Infrastructure Partners 29-Jan-13 HM Capital HM Capital Canadian 600 Million CPPIB has agreed to purchase Dow Jones Directs Pension Plan stakes in three food and beverage Spinout Investment companies backed by HM Capital Board 2006 Sector Performance Fund. 06-Feb-13 Asia Growth Credit HarbourVest Not Stated Funds of funds HarbourVest PEI Media Capital Suisse Partners & Partners and Axiom Asia are the Advisors Axiom Asia main investors in the Credit Suisse spinout Asia Growth Capital Advisors 26-Feb-13 JPEL Non-Core JP Morgan Not Stated ~33 Million The secondary sale was completed RNS Asset Sale Private with three third-party buyers at an Equity aggregate discount of 15% to Limited prevailing NAV 18-Mar-13 HM Capital HM Capital Landmark Not stated Jason Downie and Edward Herring PEI Media Energy Team Partners formed a new firm Tailwater Spinout Capital with the help of Landmark Partners that will manage and buy the portfolio. 25-April-13 JP Morgan JP Morgan Not Stated ~400 Sources have pointed out that the PEI Media Mulls Sale of Million financial institution is under LP Stake in regulatory pressure to reduce the CCMP Fund size of its private equity holdings 21-May-13 GP Recap of GP Investments, 247 Million Together with GP Investments, 4-Traders Investments Apen Ltd Newbury Newbury Partners and Fortress Aquires Apen Partners and Investment Group will provide Ltd. Fortress approximately USD 247 million Investment from an asset acquisition, new Group equity and debt to APEN Ltd. Date Deal Seller Buyer Stated Size Highlights - Excerpts News Article 21-May-13 GP Recap of GP Investments, 247 Million Together with GP Investments, 4-Traders Investments Apen Ltd Newbury Newbury Partners and Fortress Aquires Apen Partners and Investment Group will provide Ltd. Fortress approximately USD 247 million Investment from an asset acquisition, new Group equity and debt to APEN Ltd. 31-May-13 SL Capital sells SL Capital Not Stated Not Stated Sale is part of a ‘portfolio PEI Media Charterhouse rebalancing exercise’ and also commitments driven due its ‘significant exposure to the fund’ 18-Jun-13 Swedish Swedish Non-traditional 100 Million Non-traditional buyer steps in to PERE News Pension Fund Pension Buyer buy a limited partner position in SPP Portfolio Fund SPP Nordic Real Estate Partners’ Sale logistics fund from Swedish pension fund SPP 13-Jun-13 RBS Mulls Royal Bank Not Stated Not Stated The UK lender is in discussions to PEI Media Private Equity of Scotland divest its buyout arm, the latest Spin-off effort by a major bank to adjust to leaner times by refocusing on its core operations. 03-Jul-13 Motion Equity Motion Canadian 1.25 Billion Motion Equity Partners is in talks to Pensions & Partners Equity Pension Plan sell a stake in a €1.25 billion buyout Investments Buyout Fund Partners Investment fund it manages, with the C$172.6 Sale Board billion Canada Pension Plan Investment Board the leading bidder 12-Jul-13 New Jersey New Jersey Northstar, ~1 Billion New Jersey Division of Investment PERE News Billion Real Division of Goldman has unveiled the names of all of the Estate Fund Investment fund stakes in its nearly $1 billion Sale real estate secondaries offering. 31-Jul-13 Canada’s PSP PSP Not Stated ~1 Billion The portfolio, which includes funds PEI Media shops $1bn from the boom era of 2006 to portfolio 2008, is one of the biggest to go on the block this year. 09-Aug-13 American American TBD ~1 Billion American Capital Ltd., a listed asset Bloomberg Capital Shops Capital management company, is shopping $1Bln about $1 billion of direct private- Secondary equity stakes in companies, Direct according to two people familiar with the situation 15-Aug-13 Bridgepoint BT Pension HarbourVest, Not Stated The BT Pension Scheme is selling its PEI Media Development Scheme AlpInvest interest in Bridgepoint Capital LP Sale Development Capital as part of a reorganisation of its private equity portfolio. 16-Sep-13 UNIQA UNIQA Not Stated 500 Million Austrian insurance company PEI Media Portfolio Sale UNIQA is selling a portfolio of 54 European and American fund interests as it works to implement a new investment policy. Date Deal Seller Buyer Stated Size Highlights - Excerpts News Article 18-Sep-13 Morgan Not Stated Morgan Stanley Not Stated The secondary sale and fund PEI Media Stanley Buys extension was approved by 100% into Ferrer of limited partners in FFC Partners’ Freeman Fund Fund III III 25-Sep-13 Calpers Sale of Calpers AlpInvest 400 Million The Aurora Resurgence Bloomberg Aurora transaction is intended to Resurgence establish a new fund led by Steven Smith 24-Oct-13 Rhode Island Rhode Island TBD Not Stated Rhode Island pension is selling LP PE HUB Pension Pension stakes in Wellspring and Summit Selling LP over gun-related holdings Stakes in according to peHUB Wellspring & Summit 31-Oct-13 Veronis Suhler Veronis TBD Not Stated The firm has put up for sale the Bloomberg Shops Last Suhler remaining investments in a buyout Deals fund it raised more than a decade ago. 06-Nov-13 Perseus Perseus TBD Not Stated Perseus LLC, the Washington, D.C. The Wall Restructuring based private equity firm in the Street midst of lawsuits following the Journal death of founder Frank Pearl last year, is eying a fund restructuring to try to turn around its underlying assets 06-Nov-13 TH Lee TH Lee Jasper Ridge Not Stated Currently weighing an offer to sell Dow Jones Putnam Putnam Partners their interests in a $1.1 billion Ventures sale Ventures private equity fund to investment manager Jasper Ridge Partners 07-Nov-13 The The TBD TBD Selling in order to raise money to FIN Endowment Endowment begin to pay redemptions and Alternatives Fund Portfolio Fund boost liquidity. Sale 15-Nov-13 Morgan Pareto World Morgan Stanley Not Stated Morgan Stanley Alternative Dow Jones Stanley Wide Investment Partners has invested Recaps Shipping AS in another fund recapitalization, Norwegian taking advantage of the numerous Firm’s funds looking for a lifeline so they Shipping Fund don't need to end and sell off assets prematurely 15-Nov-13 ‘Zombie’ Firm Motion TBD Not Stated Private equity firm Motion Equity AltAssets Motion Equity Equity Partners is reportedly in talks with Partners in Partner LP’s investment firm HarbourVest to Talks to secure capital for more deals Secure Capital 21-Nov-13 BayTech BayTech Sobera Capital Not Stated Berlin-based secondary firm AltAssets Venture Venture Sobera Capital has bought the Capital Capital venture capital fund BayTech Acquisition Venture Capital in a deal backed by Unigestion Date Deal Seller Buyer Stated Size Highlights - Excerpts News Article 21-Nov-13 GrowthWorks GrowthWorks TBD Not Stated GrowthWorks Canadian Fund has PE Hub Canadian Canadian been provided legal authorization Fund Sale Fund Ltd. to begin a sale investor solicitation process. 21-Nov-13 ‘Zombie firm’ JW Childs LP’s TBD Not Stated The firm has hired placement AltAssets JW Childs agent Park Hill Group to advise on Mulls Liquidity a structured deal for JW Childs Option for LPs Equity Partners (JWCEP) III 04-Dec-13 One Equity J.P. Morgan TBD ~4 Billion+ This would be the largest The Wall Partners divestiture of a bank private Street Spinout equity unit to date, but the deal Journal comes with its share of complications. 05-Dec-13 DLJ Merchant Credit Suisse Coller Capital Not Stated DLJ Merchant Banking Partners, a AltAssets Banking private equity group that it Partners Sale originally acquired via the bank's 2000 purchase of Donaldson, Lufkin & Jenrette. 05-Dec-13 Irish Pension Ireland's TBD 1.1 Billion Ireland's National Pensions Dow Jones Seeks Single National Reserve Fund is seeking a single Buyer for 1Bn Pension buyer for slightly more than $1 Reserve Fund billion in global private equity assets as the pension fund shifts its focus toward domestic investments 11-Dec-13 Ardian backs Not Stated Ardian 150 Million The deal will see the AXA spin-off Infrastructure F2i through become a shareholder in the Investor €150m Italian firm’s management secondary company, just days after the duo transaction jointly invested in the country’s second-largest gas utility .
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