Wellspring completes continuation transaction for three Fund VI holdings

Wellspring announced a completed multi-asset continuation transaction on March 27, 2024. The vehicle acquired interests in Supply One, Cadence and Pentec Health from Fund VI. Lexington Partners- and Neuberger Berman-affiliated funds co-led the transaction, with investors including Hamilton Lane and AltamarCAM. Existing Fund VI limited partners could cash out or roll their interests.