Fundraising

As AlpInvest Partners seeks $8bn for its latest secondaries programme, we look at the Carlyle Group subsidiary's performance so far.

The Richmond, Virginia-based small secondaries firm closed its last fund in March 2018 on $275m.

San Francisco-headquartered Liquid Stock's $161m fund extends part-debt/part-equity financing to private company shareholders.

The 10 largest secondaries funds in market are targeting a combined $70.5bn, compared with $39.45bn being sought by the largest debt funds, Secondaries Investor data show.

The firm will return to market after closing its latest primaries vehicle next quarter, Secondaries Investor has learned.

Strategic Partners Real Estate VII is targeting very mature assets in major cities, with potential for a quick sale.

The Carlyle subsidiary has backed a number of headline deals this year.

Strategic Equity Fund III will be 40% invested 'right off the gate', CIO and CEO Benoît Durteste said today at the firm's half-yearly earnings presentation.

The boutique secondaries firm is targeting $150m for Sweetwater Secondaries Fund II, Secondaries Investor reported last year.

The Asian secondaries specialist has raised $1bn for its fourth fund and appointed an MD to its India team.