Fundraising

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

Door big and small

Largest secondaries funds are targeting 75% jump in size

The most recent vintage of secondaries funds is considerably larger than the last, though last year's closes suggest the mid-market may be an exception.
AlpInvest's Yasuyuki Kanda

AlpInvest hires ex-McKinsey exec to head up Japan push

Yasuyuki Kanda will focus on business development and investor relations across funds, secondaries and co-investments.

Metropolitan closes RE secondaries fund on $1.2bn

The Carlyle unit has raised more than double that of its previous vehicle.

Michigan makes debut Ardian PE secondaries commitment

Michigan Department of Treasury has put $150m toward ASF VIII, having invested in two of the firm's infra secondaries vehicles.

Looking back: Top five fund closes of 2018

Real estate and infrastructure secondaries vehicles gave private equity funds a run for their money this year.

Golding hits €215m first close on infra FoF

Golding Infrastructure 2018 will invest in around 15 infrastructure funds via primaries and secondaries.

Natixis to launch global secondaries fund

The manager has merged its three fund of funds units to form Flexstone Partners with $6.7bn in AuM.

ICG hits $1.3bn first close on Fund III – exclusive

Strategic Equity Fund III, which focuses on complex end-of-life secondaries processes, launched in April targeting $1.6bn.

Montauk TriGuard returns with Fund VIII – exclusive

The West Coast niche secondaries firm ranked 29th in the latest SI 30 list of biggest fundraisers.

Ardian and Strategic Partners receive re-ups from Tennessee

The US pension has committed $150m to each of the firms' latest private equity funds and is also considering buying and selling on the secondaries market.

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