GIC is reportedly a prospective investor in the continuation fund, which values the South Korean gas manufacturer at $3.18 billion, up 13.5% from 2023.
SecondaryLink outlines the TVPI and IRR of the private equity secondaries series managed by Pantheon Ventures.
CEO Michael Arougheti expects more institutional credit portfolios to come to market over the next two years as investors reposition their holdings.
A key architect of the firm's secondaries strategy and broader private markets business, Gruber will succeed Roberto Paganoni in January 2027.
The firm also expects to hold a first close for its tenth real estate secondaries strategy by year-end at more than 50% of its initial $2.5 billion target.
SecondaryLink first reported on the Euronext-listed manager's plans to launch credit & infrastructure secondaries products in July.
