Fundraising

BEX could secure one-and-done fundraise with latest flagship

Predecessor vehicle Fund IV is over 75% invested and has a TVPI of 1.5x, according to documents prepared for a US state investor.

Major secondaries firms’ fundraise updates and expected closes revealed

Details of 21 secondaries funds, including those by AlpInvest Partners, BlackRock and Coller Capital, have been disclosed in documents prepared for a US pension.

CapDyn nears $850m target for latest secondaries fund

GSCE VI launched in 2022 and is seeking a slight step up from the amount raised by its predecessor.

HarbourVest eyes August close for multi-billion secondaries fund

Dover Street XI is already 46% larger than its predecessor, which closed on $8.1bn in 2020.

Saudi PIF commits to Ardian’s latest flagship and co-invest vehicle

Public Investment Fund is an LP in Ardian’s predecessor vehicle, which closed on $14bn in 2020 ahead of its $12bn target.

ICG on track to raise largest-ever GP-led secondaries fund

Strategic Equity V is already larger than its $5.3bn predecessor, according to chief investment officer and chief executive Beno​ît Durteste.

France’s ODDO BHF doubles firepower with latest secondaries raise

The investment arm of global wealth manager will mainly focus on mid- and large-cap assets via its sophomore fund.

How well capitalised is the secondaries market?

Money continues to flow into what many say is the most undercapitalised corner of private markets.

Headway shifts away from secondaries with independent sponsor focus

Headway has raised €627m for its latest flagship Headway Investment Partners V, surpassing its €500m target.

AlpInvest secures $6.5bn so far for latest secondaries flagship

The momentum on Fund VIII, which is targeting north of $10bn, is aiding its private equity secondaries vehicle targeting private wealth investors, according to chief executive Harvey Schwartz.