Fundraising

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

Only 13% of European investors surveyed by Probitas Partners said they plan to focus most of their attention on investing in secondaries funds in 2016.
The Swiss group will deploy the capital in secondaries, direct and primary real estate transactions.
The Paris-based fund of funds' first secondaries vehicle has exceeded its €50m target.
HarbourVest launched its ninth secondaries fund this year and is targeting $3.6bn.
The Ohio Public Employees Retirement System committed to Ardian Secondary Fund VII and to Strategic Partners' latest real estate fund among others.
The Swiss fund of funds has already closed two deals from its latest vehicle which launched in April.
London-based Coller is expected to hold a final close for its $5.5bn secondaries fund before the end of the year.
The firm selected by the State Universities Retirement System of Illinois will manage about $100m in total.
The endowment previously invested $4 million in HarbourVest's Dover Street VIII in 2011.
Fund advisory Triago found shadow commitments are estimated to account for 26% of capital raised this year.
si
si

Copyright PEI Media

Not for publication, email or dissemination