Carmignac and General Atlantic have made minority investments in the launch of Clipway, a global secondaries firm that uses proprietary technology to optimize its investment strategy.

The team, headquartered in London with an office in New York, and led by veteran secondaries investors and managing partners Vincent Gombault and Ingmar Vallano, has invested together for many years at blue chip institutions including Ardian, Coller Capital and New York City Retirement Systems. The firm is focused on investing in the LP-led secondary market, with a particular focus on diversified LP portfolios of quality buyout and growth managers principally in North America and Western Europe.

“Through the combination of our experienced team and our proprietary technology, TESS, we can move quicky to capitalise on this exciting and growing opportunity set across the secondaries market,” comments Gombault.