Kline Hill, Goldman, Morgan Stanley back GEC’s energy secondary
Infrastructure and real assets accounted for around 9% of estimated total volume in the first half, according to Greenhill & Co’s latest volume survey.
Houston-based energy investor GEC (Global Energy Capital) is moving its portfolio company Estis out of an older fund and into a continuation pool for more time to run the business, sources told Buyouts. The GEC deal was relatively under the radar and focused on a sector, energy, that hasn’t received much secondaries attention in recent years. Infrastructure and real assets accounted for around 9 percent of the estimated total volume in the first half, according to Greenhill & Co’s latest volume survey…
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