Fundraising

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

The secondary opportunity fund has collected more than its $600m target.
Vintage Fund VI, which has been targeting $5bn, was expected to close in mid-June.
The firm, which raised $591m for its prior secondaries fund, has collected $728.4m for Secondary Fund III.
The Chicago-based firm is nearing its $425m hard-cap for its second secondaries fund, which will target limited partner commitments of less than $25m in funds that are more than 30% invested.
The Israeli fund of funds manager's successful $161m fundraising highlights the increasing interest from overseas in Israeli technology companies.
The Private Equity Group is nearing the $780m it raised for secondaries in 2009.
The bank has been raising its sixth secondary fund since last year, targeting $5bn.
AlpInvest Secondaries Fund V has attracted $500m from new investors, raising $150m during the first quarter of 2013.
The closing of Adam Street’s Global Secondary Fund V comes during a lull in the secondaries market compared to the levels seen in 2011 and 2012.
The $13.1bn pension is an investor in Landmark funds XI, XIII and XIV.
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