Fundraising

Details of the Philadelphia-based firm's latest fund of funds vehicle, which can invest up to 20% in secondaries, were revealed in an October presentation to an investor.

The Geneva-based firm will launch a secondaries fund targeting 'under the radar' deals before year-end.

The global private equity firm launched the fund in August and is looking to raise its biggest secondaries fund.

The Singapore-based Credit Suisse spin-out will target between $300m and $500m for its first blind pool fund to tap Asian direct secondaries.

AlpInvest's current secondaries programme is more than 60% invested, according to Carlyle's third-quarter earnings conference call.

The firm held a final close for its largest-ever real estate fund of funds.

The $406 million pension fund continues to expand its private equity program with fresh commitments to latest funds being raised by HarbourVest and Abbott Capital Management.

The firm has raised $200m so far for its new dedicated secondaries fund.

There were nearly 50 secondaries funds being raised as of October, targeting a total amount of about $40bn.

The fund of funds will target primary funds, secondaries and co-investments.