DOWNLOAD: Which LPs made the biggest commitments to secondaries funds in 2022?

The top 10 known commitments to 2022-vintage secondaries vehicles totalled $4.77bn, buoyed by ADIA’s whopping $4bn commitment to Ardian’s ASF IX.

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The top 10 known commitments to 2022-vintage secondaries vehicles totalled $4.77 billion, according to Secondaries Investor’s inaugural Investor Report.

This figure was buoyed by Abu Dhabi Investment Authority’s whopping $4 billion commitment to Ardian’s latest flagship, ASF IX. This was a full 2,566 percent larger than the second-largest secondaries commitments by CPP Investments and New Mexico Educational Retirement Board, which made $150 million commitments to NewQuest Asia Fund V and Banner Ridge DSCO Fund II, respectively.

Investor sentiment suggests these figures could look different in the coming year: the majority of respondents (56 percent) to affiliate title Private Equity International’s LP Perspectives 2023 study said they were planning to commit capital to secondaries funds over the next 12 months, up from 52 percent the prior year.

Check out our interactive report above for the full breakdown of investor activity in 2022.

You can download the full report as a PDF here, and download the data here.