JavaScript not supported in your browser. Some content might be hidden.Secondaries | CVC

Logo white logo logo
Aumnew3

$ 0 bn

Assets under management

Transactions

0

Secondary transactions completed

Investment Officers

0

Investment professionals

Headquartered in London with an office in New York, Glendower's team includes over 36 professionals and is led by a senior team that has worked together in secondaries for nearly 20 years. The firm manages $12 billion in aggregate capital commitments across multiple funds backed by leading institutional and private investors worldwide.

Visit glendower.com

Image

$12 billion

Funds committed

Glendower is a mid-sized secondaries manager, focusing on buyout and cash flow generative assets with potential for near-term liquidity. Glendower has an established track record having closed over 180 transactions involving more than 1,500 fund interests since inception. The team pursues a distinctive two-pronged strategy underpinned by a disciplined investment playbook, targeting LP Portfolio Secondaries and GP-led Secondaries to capitalise on the secondary market evolution.

Fund portfolio secondaries

Glendower has operational scale to systematically underwrite $5 million to $1 billion funds' portfolios and single fund positions, providing comprehensive solutions for tail-end portfolios, complex private feeder portfolios, and difficult-to-value assets.

  • Tail-end portfolios, requiring operational capabilities to transact on older dated, highly fragmented portfolios
  • Single LP interests with differentiated views and manager access
  • Portfolios with significant public exposure requiring access to investment banking platforms
GP-led secondaries

Glendower has developed a reputation as a reliable partner of choice for fund managers and investors due to the firm's long-standing experience in executing complex transactions. Glendower underwrites GP-led transactions ranging from $100 million to $500 million, including assets sales, fund recapitalizations, strip sales, and spinouts.

  • Highly experienced, having actively invested in GP-led secondaries since 2007, completing over 60 deals for $3.4 billion
  • Reputation as lead underwriter of transactions with mid-market managers
  • Expertise in acquiring difficult to value assets using proprietary pricing and structuring capabilities to underwrite challenging transactions across adjacent asset classes