The single-asset vehicle for a UPS manufacturer saw additional participation from Patria as co-underwriter.
The single-asset vehicle extends B2B software investor Viking Growth's hold on a recruitment and HR software platform.
As of March, secondaries accounted for 48.2% of the tender offer fund's portfolio, according to EvergreenLink Data.
One of which, Hamilton Lane Private Secondary Fund, raised its investment capacity by $500 million and saw its NAV climb 1.6x QoQ to $409 million as of March.
The single-asset deal centers on a health and social care software provider first backed by Activa in 2019.
We analyze the subscriptions, redemptions, net capital share transactions, and distributions across '40 Act secondary funds, leveraging EvergreenLink data.
We examine the capital flows, investment activity, and performance of the secondaries-focused tender offer fund, leveraging EvergreenLink data.
We examine the Q4 capital flows, investment activity, and performance of the tender offer fund, leveraging EvergreenLink Data.
Institutional Link analyzes the top performing '40 act secondary funds as of Q3 across one-, three-, and five-year periods, as the strategy continues to outperform peer groups.
SecondaryLink analyzes the subscriptions, redemptions, net capital share transactions, and distributions across '40 Act secondary funds, using data from the SecLink Evergreen Screener.
