Fundraising

LGT raises at least $7bn for latest flagship, surpassing predecessor – updated

LGT Capital Partners’ latest vehicle launched in 2022 and had collected $4.38bn as of January.

BEX raises $765m in one-and-done close in line with predecessor

The niche secondaries firm opted to stick to a tight timeline given difficult fundraising conditions in order to focus on deployment, according to partner Stephane Chevrier.

Lexington projected to begin fundraising for successor flagship next year

Lexington Capital Partners X, the firm’s latest main secondaries fund, smashed its $15bn target to collect $22.7bn last year.

CVC to launch secondaries evergreen as it sets flagship target at $7bn

The listed alternatives firm is ‘progressing’ on the launch of both a private equity and a secondaries semi-liquid fund next year.

Secondaries funds more likely to meet fundraising targets than PE

One in three private equity funds missed their fundraising targets in H1 2024, compared with 4% of secondaries funds.

Nordics-focused Cubera raises largest secondaries fund and bulks up team

Cubera X, which focuses on Nordic managers, was oversubscribed and is 54% larger than its predecessor.

G Squared grabs $1.1bn for direct secondaries

G Squared VI will focus on the tech subsectors of software-as-a-service, fintech, insurtech, mobility and consumer internet.

HarbourVest: Scale is required to take the lead on secondaries’ growing deals

‘I can hand on heart say there has never been a deeper, more robust pipeline than the one that we have right now,’ HarbourVest’s Jeff Keay told Secondaries Investor on the back of its $15.1bn flagship raise.