The GP-led-focused fund is more than a quarter invested and will target lower mid-market deals in North America.
Strategic Partners has held an initial close of $5bn for Strategic Partners Fund X with 'another major close' expected in the coming weeks, Blackstone's president and COO Jon Gray said on the firm's earnings call. Its $22.2bn Fund IX had committed $19.7bn by year-end 2025.
The US pension plan is targeting a 5-15% exposure to secondaries and committed a total of $400m to two HarbourVest vehicles.
The pair will eye 'additional areas of collaboration' amid the insurer's plans to raise its alternatives exposure.
SISF V is the largest infrastructure vehicle that Stafford has raised to date and brings its total infra AUM to $2.7bn.
The firm is seeking to raise $300m for the strategy, head of private equity partnerships Nicolas Muller tells NPM.
The fund, the manager’s largest inaugural institutional fundraise, doubled its $2bn equity target.
The energy-focused firm's latest $300m secondaries vehicle will target oil and gas, avoiding renewable energy.
The vehicle surpassed its target by €350m, making it the Spanish firm’s largest secondaries fund to date.
The firm, which closed its first vehicle in the series just three years ago, now has raised one of the largest funds ever in the strategy.