The private markets firm is two-thirds of the way to the $500m target for Fund VIII which can acquire stakes in funds focusing on the strategy.
The London-based investment firm, which is raising its third secondaries infrastructure fund, added Richard Sem as a partner and two other professionals.
The success or failure of two significant GP-led processes will have widespread consequences for the secondaries market.
Committed Advisors has acquired fund interests including IK 2007, which holds hydraulics and pneumatics company DGI.
The $36bn fund reported strong private equity returns after implementing an “aggressive” restructuring plan in December 2016.
LPs that chose to sell their stakes in BC European Capital IX to Lexington Partners include media group scions, insurers and endowments.
The potential deal involves the Scandinavian private equity firm’s 2008-vintage fund, which has around €2bn in NAV, Secondaries Investor has learned.
The US state's Retirement Plans and Trust Funds has committed $100m to the secondaries firm's latest private equity vehicle.
Meketa will take over from StepStone Group, having already assumed the role of private equity consultant for the pension in March.
The firm's 1999- and 2004-vintage funds are its best-performing, according to documents seen by Secondaries Investor.