Hannah Zhang

Market volatility only tells part of the story of the GP-led market’s domination in the first six months of the year, with fundraising and expansion into new asset classes also driving growth.

The Switzerland-headquartered manager will seek to invest in LP-led, GP-led and opportunistic deals with an emphasis on senior lending, Secondaries Investor understands.

The firm, which is also planning to launch its first infra secondaries vehicle, has raised $9.3bn to date for Fund VI, according to its H1 2026 results.

The Cynosure Group is moving RIA firm Savant Capital Holdings into a single-asset CV.

The firm last year partnered with global life and health insurer Reinsurance Group of America to help capitalise its future funds and build its strategy.

AI disruption 'reverberated' across both the LP-led and GP-led markets in the first half of the year, according to Campbell Lutyens' Gerald Cooper.

While lenders and buyers have both grown more accepting of leverage use in continuation funds, divisions remain over when and how these tools should be used.

Ohio's $23.4bn public school employees' pension is the latest LP to invest in the fund, committing $50m.

Adoption of evergreen vehicles is broadening across the secondaries buyer universe, according to a report from Evercore, with this capital increasingly deployed into a broadening set of opportunities.

'The last several years have been very volatile... The fact that we still saw this record volume is remarkable,' Jefferies' Scott Beckelman tells Secondaries Investor.