Stafford Infrastructure Secondaries Fund V has raised about one-third of its €1.3bn target.
The firm launched what could be its largest-ever secondaries fund in October.
Approximately 45% of Fund VI will be allocated to secondaries transactions amid constrained liquidity and elevated capital costs in Brazil.
A diverse collateral mix of secondaries, portfolio finance and co-investments helped the Carlyle unit close above target on $1bn.
Ardian, StepStone, Adams Street Partners and CPP Investments are LPs in the firm's debut buyside fund.
Benoît Durteste says investing the capital would not be challenging – a change in tone compared with comments he made in September regarding larger GP-led deployment.
The firm is seeking as much as $150m for Seine Capital Liquidity Solutions, which has a $200m hard-cap.
The firm disclosed the launch of its concentrated deal-focused GP-led strategy in May.
Patria Investments Secondary Opportunities Fund V launched in July and held a first close in September.
TPG believes its GP solutions platform will scale similarly to the firm's other PE strategies, says CEO Jon Winkelried.