Fundraising

The fund, which launched in March 2016, is the fifth-largest euro-denominated vehicle focusing on the strategy ever raised.

DB Private Equity is in preliminary talks with investors and plans to launch its SOF IV Fund in the first quarter of next year.

The fund aims to return a 1.6x-1.8x net multiple and a net IRR between 15% and 20%.

Sister publication Private Equity International reported in November the fund had raised half its $1.8bn target.

The $100m fund can invest in any company with a link to Israel, opening up more than 1,000 potential targets in the US alone, according to the firm's founding managing partner.

The Carlyle fund of funds unit expects increased global uncertainty to create investment opportunities for its sixth programme.

The firm has raised around 90% of the target for its latest fund focusing on VC fund and direct secondaries, documents from a US pension show.

NPM Alternatives is the latest effort to boost liquidity in the asset class and will initially focus on feeder funds.

The debut fund of ex-CPPIB secondaries head Yann Robard has received a $100m anchor commitment from Alaska’s sovereign wealth fund.

The firm has increased the target for Adams Street Global Secondary Fund 6 by 60% compared with its predecessor, Secondaries Investor has learned.