Fundraising

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

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

‘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.

Commonfund Environmental Solutions II has sleeves for private equity fund investments, direct and co-investments, secondaries and real assets.

Mid-Market Secondaries III, which is targeting €200m, is the secondaries-focused successor to Select Opportunities Fund II, CEO Eric Deram tells Secondaries Investor.

The Carlyle unit is also in market with its flagship secondaries programme and a dedicated single-asset-focused fund.

The past year has been the firm’s strongest fundraising period ever, with nearly $28bn raised.

While this year has not seen a large-scale close, several funds with hefty targets remain in market.