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Fundraising

A look into capital raising for secondaries strategies, including fund launches, hard-caps, fund closures and LP commitments to vehicles.

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The firm is seeking 25-50% more for its latest offering compared with its debut vehicle, Secondaries Investor has learned.
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Goldman raised $10.3bn for predecessor Vintage VIII against a target of $7bn, according to Secondaries Investor data.
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Michael Arougheti, Ares' chief executive and president, has previously said the secondaries industry is at an 'inflection point'.
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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 North American secondaries categories in affiliate title Private Equity International's latest awards were hotly contested again this year.
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Our downloadable presentation shows closed secondaries funds in 2022 by region and strategy, as well as the largest funds in market.
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The alternatives giant has committed more than $1bn into equity and credit secondaries over the past half year, according to co-president Jim Zelter.
As the bank brings its latest GP-led fundraise to a close on $2.5bn, Nash Waterman, head of private equity secondaries, says the opportunities it sees in the sprawling mid-market are ‘enormous’.
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Glendower Secondary Opportunities Fund V had an initial hard-cap of $4.5bn – a figure that is understood to have been increased.
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Reduced exit activity in the buyout market, coupled with the denominator effect, is creating opportunities for buyers, Shane Feeney, managing director and global head of secondaries, tells Secondaries Investor.
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