Deal Roundup: Sagard buys stake in secondaries PE specialist BEX Capital, Leonard Green buys TPG Growth’s Crunch stake

Asset management major Sagard has agreed to buy a strategic stake in BEX Capital, a specialised secondaries investment firm with more than $2bn of assets under management. Sagard said BEX would bring its deep expertise in fund-of-funds secondaries to Sagard’s existing offering in primaries, co-investments and secondaries within Sagard’s private equity solutions platform. Sagard CEO …