Finance
TA Associates Is Nearing Deal to Buy Stake in Secondaries Firm Kline Hill
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TA Associates is close to a deal to acquire a significant stake in Kline Hill Partners, a firm focused on secondaries bets, according to a people with knowledge of the matter.
A transaction may be announced in coming days, assuming there are no last-minute issues, said the people, who asked not to be identified discussing confidential information. Terms couldn’t immediately be learned.