Fundraising

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

The Zurich-based firm had set a target of $150m.
The state investment council committed $100m to Landmark’s 15th secondaries fund, amid the pension’s plans to 'thin' its private equity portfolio.
Swedish pension fund manager AP1 among investors for a fund expected to be used to buy secondaries in Europe.
The firm surpassed its $650m target for its third secondaries fund, which launched in 2012.
The retirement system plans to commit about $1.2bn to the asset class in 2014.
The firm is roughly halfway to its $1bn target and recently raised $1.09bn for its seventh fund of funds, which also purchases direct secondary fund interests.
The bankrupt city’s $2bn General Retirement System will interview Landmark and Lexington as it searches for a manager to run a $15m allocation to private equity secondaries.
The Chicago-based firm has closed its second secondaries fund, which will target limited partner commitments in lower mid-market funds that are more than 30% invested.
The private equity firm that focuses on restructuring and liquidating aging private equity funds has already made six investments from Fund III.
The firm is seeking $500m for Fund III, which originally had a $1.3bn target.
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