Fundraising

The firm has raised $450m for Commonfund Capital Secondary Partners II in a final close.

The firm has raised at least $310m for Secondary Opportunities Fund IV on its way to its more than $1bn target.

The direct secondaries specialist has been in market for at least a year targeting $750m.

The Asia secondaries specialist is seeking $300m for TR Capital IV and is targeting US investors, according to an SEC filing.

The pension, which has almost $4bn in PE assets under management, has committed $100m to ASF VIII and made its first commitment to an Ardian co-investment fund.

The firm is seeking $3bn for Hamilton Lane Secondary Fund V, more than twice the target of its 2015-vintage predecessor.

Final closes for secondaries vehicles fell 73% year-on-year, marking a four-year low, according to Secondaries Investor data.

As the firm seeks $2bn for its latest flagship fund, we look at the performance of Pantheon's secondaries vehicles so far.

Fund III is BEX’s first to offer ‘X shares’, which are exempt from management fees and carried interest, for non-governmental organisations and major non-profit foundations.

The investment firm is offering an annual fee reduction of 5 basis points to LPs that commit to Dover Street X before the end of May.