Fundraising

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

Coller secures Louisiana pension re-up

Louisiana Municipal Police Employees' Retirement System has re-upped with the secondaries firm, which is seeking $9bn for Fund VIII.

Lexington receives $90m US pension boost

The firm has received a commitment from Los Angeles Water & Power Employees Retirement Plan, which is working to push its PE exposure to 8%.

DWS hits fundraising trail with dedicated vehicle – exclusive

The firm, formerly known as Deutsche Asset Management, will target up to $500m and focus on providing liquidity to GPs throughout a fund's life.
euros

Golding Capital holds final close on private debt FoF

Just over 20% of the fund is already invested in secondaries, according to founder and managing partner Jeremy Golding.

Dyal to close Fund IV on more than $7bn – exclusive

The Neuberger Berman unit completed six GP interest deals from Fund IV last year.

Lexington and Coller receive Miami commitments

City of Miami Firefighters' and Police Officers' Retirement Trust has previously backed secondaries funds managed by the two firms.
building

Portfolio Advisors hits $200m mark on RE FoF

Stakes in real estate vehicles accounted for 7% of total deal volume last year, according to advisor Greenhill.
US dollars

BEX eyes as much as $350m for Fund III

The niche secondaries firm switched to US dollars from euros with its latest fundraise.
Falling rock sign

Private equity secondaries fundraising falls nearly 50%

Last year was the lowest for final closes since 2011.
Landscape with hills, mountains and hikers.

Smallest fund in market holds first close

Traveller Capital Advisors is seeking around $25m for its third fund.

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