PEI Group Data

Blue Owl has acquired a passive stake in the tail-end specialist, which will ‘ultimately represent’ approximately 25% of the economic interests of the firm.

The firm's seventh flagship is about twice the size of its previous vehicle and took half as long to raise.

Carlyle increasingly views AlpInvest as more of corporate finance business than a standalone secondaries unit, chief executive Harvey Schwartz said on the firm's Q2 2026 earnings call.

The Switzerland-headquartered manager will seek to invest in LP-led, GP-led and opportunistic deals with an emphasis on senior lending, Secondaries Investor understands.

The insurer had shopped a portfolio of funds and co-investments with a net asset value of $1.8bn, Secondaries Investor understands.

The Chicago-based firm’s $2.7bn Fund 8, raised as part of a $5bn secondaries programme, seeks a 50/50 split for LP-led and GP-led deployment, with a focus on North America and Europe.

KKR believes it can build a ‘world-class’ business targeting the sub-segment, CFO Robert Lewin said on the firm’s Q2 2026 earnings call.

The specialist impact investing firm has raised a further $100m and held a second close for its debut dedicated secondaries fund.

Secondaries-focused fundraising totals represented just 4% of private real estate fundraising in 2025, but the strategy continues to attract capital commitments.

Strategic Partners Fund X is the secondaries market's second-largest active fundraise by target, seeking $22.5bn, Secondaries Investor data shows.