News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Private Equity

Palamon plots secondaries deal to boost fundraising

A number of secondaries players including AlpInvest Partners are looking at the transaction

Palamon plots secondaries deal to boost fundraising

UK-based Palamon Capital Partners is seeking to tempt investors into a new fund by offering them an opportunity to buy second-hand stakes in two of its existing funds following a difficult period for the firm.

Investors interested in buying stakes in its 2006 and 1999 funds would also make a primary commitment to Palamon's new fund as part of a so-called stapled secondaries deal, according to two people familiar with the matter.

WSJ Logo