Fundraising

StepStone doubles target for debut infra raise to reach $1.5bn – updated

The firm’s total infrastructure secondaries programme has secured $1.7bn, adding to a growing pool of capital available to deploy into the asset class.

Korean LPs embrace PE secondaries, mid-market amid credit controversy

Some institutions are expected to lean into equity-based strategies as they seek a new home for 2026 credit allocations.

New 2ND Capital eyes Q4/Q1 close as flagship nears $1bn

Fund IV, which is targeting $1.25bn, has recently been activated and has closed on its first deal, Secondaries Investor has learned.

StepStone surpasses $20bn in private wealth AUM

Four of the firm’s cornerstone evergreen products are heavily weighted to secondaries investments.

G Squared secures $2.3bn as venture secondaries heats up

The firm’s seventh flagship is about twice the size of its previous vehicle and took half as long to raise.

Cyclical tailwinds buoying secondaries will persist for ‘next several years’ – Carlyle’s Schwartz

Carlyle increasingly views AlpInvest as more of corporate finance business than a standalone secondaries unit, chief executive Harvey Schwartz said on the firm’s Q2 2026 earnings call.

DraftKings seed investor is raising a VC secondaries fund

VC investor Ryan Moore has closed on $78.5m for Revenant Ventures’ debut fund, a regulatory filing shows.

LGT Capital Partners launches debut credit secondaries strategy

The Switzerland-headquartered manager will seek to invest in LP-led, GP-led and opportunistic deals with an emphasis on senior lending, Secondaries Investor understands.

Adams Street doubles fund size with latest flagship secondaries raise

The Chicago-based firm’s $2.7bn Fund 8, raised as part of a $5bn secondaries programme, seeks a 50/50 split for LP-led and GP-led deployment, with a focus on North America and Europe.

US investors push Blue Earth impact secondaries strategy forward

The specialist impact investing firm has raised a further $100m and held a second close for its debut dedicated secondaries fund.