Fundraising

Liquidity from the system’s PE portfolio dropped off over the past two years.

The secondaries giant’s ASF IX launched in February 2022 and is seeking north of $20bn.

The firm’s predecessor fund has been fully deployed to LP and GP-led real estate secondaries transactions across the Asia-Pacific region.

Committed Advisors Secondary Fund V surpassed its target and is significantly larger than its €1.6bn predecessor.

Lexington Capital Partners X is more than 60% larger than its predecessor, which closed on $14bn in 2020.

Banner Ridge Secondary Fund V closed well above its $1.4bn target and is 115% larger than its $1bn predecessor, Secondaries Investor has learned.

Blackstone Strategic Partners tops the list with a record-breaking fundraising for its ninth flagship fund, which amassed $22.2bn.

Investors in Pantheon Global Secondaries Fund VII include those from the private wealth segment, who invested at elevated levels compared with predecessor vehicles.

Strategic Partners Real Estate VIII follows vehicles from Ares Management’s Landmark Partners, Partners Group and Goldman Sachs.

Pantheon Global Secondaries Fund VII closed above its $2bn target and follows the close of Pantheon’s credit secondaries vehicle and the launch of an evergreen credit secondaries fund.