Vision Capital, a London-based private equity house specialising in secondary sales of buy-out fund portfolios, has syndicated the former CS Structured Credit fund which has stakes in RoadChef, Avebury Taverns and Elegant Hotels.

The £100m (€149.4m) Vision Capital Partners IV partnership formed to hold much of the old CS Structured Credit fund had Goldman Sachs Vintage Funds, the private equity arm of Goldman Sachs Asset Management, and Landmark Partners' funds as the initial investors.