Fundraising

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

Mantra Secondary Opportunities II, which launched in October last year, will focus on niche sectors of the market.
The vehicle will allow investors to buy and sell their equity stakes in the fund within minutes and without any negotiation process.
Five secondaries funds closed in Q3, compared with seven in the same quarter last year.
Connecticut
The close of Landmark Equity Partners XVI, which had a $4.75bn hard-cap, brings the firm's total committed capital to $27bn.
Partners Group Global Infrastructure 2018 is targeting €1bn and has a 60% allocation to primaries and secondaries.
The VC firm, one of Europe's largest, will use the vehicle to make direct secondaries investments in European technology companies.
Amy Thiessen, who has real estate experience, joins the firm to focus on raising capital and developing strategic partnerships.
The firm has held the final close on Northleaf Secondary Partners II after more than one year in market.
The latest secondaries capital raising by the firm further demonstrates increasing appetite for buying properties from tail-end funds.
The firm has collected €135m for eQ PE SF II, which had an undefined target.
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