Fundraising

The firm is responding to demand from GPs for capital to help manage their balance sheets, according to partner Michael Gubbels.

Neuberger Berman will make concentrated bets in the LP-led and GP-led secondaries markets.

Golding Infrastructure 2020 will make primary and secondaries investments in 'conservative' core- and core-plus assets in Europe and North America.

Even amid today’s rocky macro environment, the industry’s biggest fundraisers continue to pull in more capital.

Stafford has raised its fourth flagship vehicle at a time of strong demand for inflation-resistant asset classes such as infrastructure.

The level of dry powder for secondaries sits at $94bn, up year-on-year and a slight decrease from the $105bn available for deployment at the end of 2021, according to Evercore's H1 Secondary Market report.

The New York-headquartered firm surpassed its $2bn target for Pomona Capital X, which is 44% larger than its predecessor.

The Conshoshocken-headquartered investment firm gathered a further $450m in the quarter for its latest offering.

At more than double the size of its predecessor, Banner Ridge DSCO Fund II will invest in private equity funds, co-investments and early secondaries.

Secondaries fundraising dipped 30 percent year-over-year in the first half, with $31.2 billion raised, according to preliminary data from Secondaries Investor.