Weekly Recap | 4.20.25

Please see below for this week's headlines:

• Private credit manager Willow Tree Credit Partners is considering the sale of a minority stake

• Stable has partnered with private credit manager GT Partners, which invests across a variety of private credit sectors including asset-backed, corporate, specialty finance, and real estate

• Credit firm Bayview Asset Management, LLC is considering liquidity options including a possible minority stake sale

• Sagard has announced definitive plans to acquire a strategic stake in BEX Capital

• According to The Wall Street Journal, Sagard is acquiring a minority interest in BEX Capital

• Cantilever Group's Todd Owens joins the Alt Goes Mainstream podcast with Michael Sidgmore to discuss GP Stakes investing

• SuMi TRUST International committed $100 million in the fourth quarter of 2024 to GCM Grosvenor's private equity seeding strategy, Elevate

• Gatewood Capital Partners is hiring an Analyst or Associate in NYC to focus on GP Seeding and anchor investments in emerging alternative asset managers

• AsianInvestor's Nishtha Asthana published an article on mid-market GP Stakes gaining traction with asset owners in Asia

• Berkshire Global Advisors released their monthly Market Update for March 2025 and included some notable GP Stakes transactions

• This year's Milken Institute's Global Conference 2025 will include two panels featuring GP Stakes pioneers Michael Rees (Blue Owl Capital) and Bennett Goodman (Hunter Point Capital LP)

• Växa Partners appointed Thomas Burke as a Partner

• TPG Next raises at least $564.5 million for its GP stakes vehicle targeting emerging and diverse GPs

As always, feel free to send me news to share with the GP Stakes community (and definitely let me know if I missed anything).

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Have a great weekend!