Hollyport Capital has hired Evercore to explore strategic options, including a potential sale that could value the business at around $1bn, Bloomberg reported. 

The London-based private equity secondaries manager oversees more than $9bn in assets. However, discussions remain preliminary and may not result in a transaction.

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.

A $1bn outcome would reinforce the premium valuations currently commanded by scaled secondaries platforms amid record liquidity demand.

If you think we missed any important news, please do not hesitate to contact us at [email protected].

Can`t stop reading? Read more.