Posted by Alumni from Pe-insights
February 20, 2026
If completed, a deal would add to accelerating consolidation in secondaries. Recently, EQT agreed to acquire Coller Capital for $3.2bn. Previously, CVC Capital Partners acquired Glendower Capital, while Ares Management bought Landmark Partners. The secondaries market expanded 41% in 2025, reaching $226bn in transaction volume, according to Evercore data. Furthermore, secondaries accounted for approximately 40% of the $113bn raised for evergreen funds last year. Hollyport was co-founded in 2006 by John Carter, formerly of 3i Group. The firm has raised nine secondaries funds. In October, its Secondary Opportunities IX fund closed at $4.3bn, exceeding its $3bn target. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today. learn more