Limited partner appetite for private equity secondaries funds remains strong with just under half of LPs planning on committing to vehicles dedicated to the strategy over the next 12 months, according to sister publication Private Equity International‘s LP Perspectives 2019 survey.
At least 17 of the firms in the SI 30 ranking of biggest fundraisers over the last five years are in market with secondaries vehicles, according to the new Secondaries Investor database.
Aberdeen Standard Investments is the latest addition – the Edinburgh-headquartered firm is seeking $500 million for its first vehicle launched after Standard Life acquired Aberdeen Asset Management in 2017, according to documents prepared for the San Bernardino County Employees’ Retirement Association.
The table below shows which of the biggest 30 firms are fundraising or preparing to launch secondaries vehicles. Click the firm’s name to visit its profile on the SI database, or click on the fund to see details of its strategy and known LPs.
The SI database also includes funds in market, fundraising charts, secondaries advisory firms and more.