Fundraising

The two managers have teamed up to target $1bn for a fund that will focus on growth equity and late-stage venture capital investments, Secondaries Investor has learned.

The platform will focus on opportunities in the US and Europe, with future growth contingent upon its track record.

Carlyle is looking to raise $200 billion-plus of capital inflows by 2028, with ambitious targets also set for private equity and global credit.

A replacement for global head of the PCA group, which will continue to operate as usual, has not been named, Secondaries Investor understands.

In this edition of Secondaries Investor's Second Thoughts podcast, Evercore's global head of private capital advisory Nigel Dawn discusses the outlook for activity in 2026 and the key trends shaping the capitalisation of the market over the longer term.

We’ll hear the latest on the market’s innovation, capitalisation, tailwinds and headwinds at PEI Group’s Nexus 2026.

Tikehau's second credit secondaries-focused fund closes on more than $1bn having launched in the second half of 2023.

The Boston-headquartered manager has raised over $1.1bn for its debut single asset CV-focused strategy, joining Blue Owl and Leonard Green in closing such vehicles this year.

Pricing on VC secondaries is less attractive now, says Schroders Capital venture chief Steven Yang.

The fund, which remains in market, has exceeded its target by more than $1bn and already marks a significant step up from its $5.8bn predecessor.