"The market is vastly undercapitalized, hence the quality of the assets that come to market tends to be very high," said Daryl Li, Senior Managing Director at Ardian.
Founded by former Nuveen impact PE head Rekha Unnithan, the New York-based firm will pair CV investments with growth capital and separately pursue direct secondaries.
Founded in 2000, Saints Capital specializes in venture secondaries with a focus on GP-led transactions.
The Sydney-based manager has launched its inaugural fund, targeting investments across five AI growth vectors.
"We believe this segment will remain a meaningful driver of activity and deployment for our secondary platform going forward," said Co-CEO Erik R. Hirsch.
The new initiative looks to advise sponsors on GP-led secondary transactions and other bespoke liquidity solutions, SecondaryLink has learned.
The Boston-based manager appointed former Kline Hill MD Raudel Yanez to lead the effort.
Private Equity Continuation Solutions focuses on single-asset CVs primarily across North America and Europe.
The vehicle provides Canadian accredited investors with ongoing access to private equity, with a focus on single-asset GP-led secondary investments.
The firm tapped CPP Investments' Dushy Sivanithy and Daniel Ward to scale its single-asset secondaries strategy.
