Fundraising

Allianz’s debut credit secondaries fund closes €1bn over its target

After more than two years in the market, the group is already eyeing a launch for its next secondaries programme.

DOWNLOAD: Behind 2024’s fundraising dip

Fundraising for secondaries strategies last year reached just under $100bn, falling short of 2023’s record haul for the sub-sector.

Flexstone closes on €200m for first dedicated secondaries vehicle

Mid-Market Secondaries III, the successor to co-investment and secondaries-focused vehicle Select Opportunities Fund II, reached its target.

Mid-market specialist Quilvest launches dedicated secondaries strategy

Quilvest Secondaries Fund will primarily target GP-led transactions, though it will include a pocket for shorter duration opportunities, Secondaries Investor understands.

Mantra targets up to €270m for fourth secondaries flagship

The Paris-headquartered firm aims to hold the final close for the fund in 2025.

Top five fundraises of 2024

The largest secondaries vehicle to close in 2024 was more than double the size of the runner-up.

Finland’s eQ closes on fifth secondaries flagship

eQ PE SF V, which surpassed its target, is the smallest in the manager’s secondaries series.

Astorg puts blindpool secondaries fundraising plans on ice

The firm has temporarily delayed capital raising for GP Equity Solutions and is instead focusing on dealmaking, Secondaries Investor has learned.

BlackRock hits $1.1bn first close on fifth infra solutions fund

Global Infrastructure Solutions is targeting $2.5bn and for the first time has a dedicated secondaries sleeve.

Japan’s Ant passes halfway mark in first close on latest fund – updated

The fund will be managed by Ant Solutions Partners, a newly formed spinoff of Ant Capital’s Solution Investment Group.