Secondaries fundraising is strong in 2016 with levels already exceeding the total raised for the whole of last year and well on the way to matching 2014’s record high.
Paris-headquartered Ardian has raised more than $30 billion across four vehicles since 2010 and its ASFÂ VII was the largest to close this year at $14 billion, which includes $10.8 billion of dedicated secondaries capital.
Vehicles on the road include Blackstone Strategic Partners’ Fund VII, the largest secondaries fund in market as of mid-October, which has already smashed its $5.75 billion target by $800 million.
Meanwhile, Goldman Sachs Asset Management’s Vintage VII fund, trailing slightly with a target of $5 billion, has accumulated at least $3 billion since its launch in May.

