Fundraising

The vehicle, which will commit to infrastructure secondaries as well as direct infra deals, will target investors globally, Secondaries Investor understands.

LGT Capital Partners' latest vehicle launched in 2022 and had collected $4.38bn as of January.

According to mid-year advisory reports, the secondaries market is looking at a potentially record-breaking finish to 2024.

Lexington Capital Partners X, the firm's latest main secondaries fund, smashed its $15bn target to collect $22.7bn last year.

The listed alternatives firm is ‘progressing’ on the launch of both a private equity and a secondaries semi-liquid fund next year.

Macquarie Alliance Partners Infrastructure Fund is understood to have a $1bn hard-cap, per affiliate title Infrastructure Investor.

Secondaries fundraisers find success through specialisation.

'I can hand on heart say there has never been a deeper, more robust pipeline than the one that we have right now,' HarbourVest's Jeff Keay told Secondaries Investor on the back of its $15.1bn flagship raise.

Commonfund Environmental Solutions II has sleeves for private equity fund investments, direct and co-investments, secondaries and real assets.

Aizawa AM’s third flagship, which held its final close this year, is already 85% deployed, chief executive Shinichiro Shiraki tells Secondaries Investor.