Fundraising

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

The £3.2bn UK pension, which is under-allocated to private equity, committed to both of the firm's previous SOF vehicles.
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The secondaries firm is seeking €350m for its latest fund which will focus mainly on Europe.
Two funds managed by Blackstone's Strategic Partners and HarbourVest Partners account for almost a third of the total capital being sought for private equity secondaries strategies.
The Israel-based firm's latest FoF, its largest to date, can make early secondaries deals in VC and technology-related funds.
The Edinburgh-based firm's SOF platform has delivered a 35% gross IRR, according to documents presented to the San Bernardino County pension.
Edinburgh - iStock
The firm will target stakes in funds of funds and secondaries funds with its latest vehicle, according to documents presented to a US pension fund.
The state's $769m Highway Patrol Retirement System is considering investing in secondaries.
The VC fund of funds manager's two current funds in market are targeting between 20-25% internal rates of return and up to a 3x multiple.
The VC fund of funds manager has almost reached the target for its latest secondaries fund which will focus on direct and LP stakes.
The pension will only accept fund of funds strategies that focus solely on secondaries.
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