Fundraising

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

The sovereign wealth fund plans to sell 20 fund stakes in private equity, which has a $3.6bn market value in its portfolio.
The Australian fund of funds manager smashed the target for its latest fund that will focus on primary and secondaries investments in Australasia.
California pension Ventura County Employees Retirement Association has made commitments to HarbourVest and Adams Street funds.
The $14bn police and fire pension is making its fifth investment in Montauk funds.
Blackstone’s secondaries unit has raised more than $4bn through the main fund and an offshore vehicle.
The pension has made a $100m commitment to the Blackstone unit’s latest secondaries fund, saying the firm has an ‘excellent track record’.
The pension fund has continued its support of the two firms' secondaries platforms with almost $400m in new commitments.
The firm will focus on sustainable development investments with strong ESG principles with its new fund of funds.
The investor hopes to close its third dedicated fund on target by the end of summer and is seeking investment from more Middle Eastern and Asian sovereign wealth funds.
Korea
The $4.2bn pension wants to commit to two separate global secondaries funds and is seeking managers with at least $500m in secondaries investments.
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