General Atlantic is broadening its existing stakes in four of its portfolio companies via a $3 billion close of its Continuation Fund.
CPP Investments, Partners Group, along with leading investors Ardian and HarbourVest, have participated in the fund raise by $53 billion General Atlantic. The fund represents the largest pool of new money secondary commitments in a continuation fund to date, officials said.
General Atlantic CEO Bill Ford (provided)
“Deal flow is very high right now in the secondary market and we are highly selective about which transactions we explore,” said Vladimir Colas, member of . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
Monthly
$30
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Annual
$300
Required for access to AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators
