Fundraising

Verdane nearly doubles firepower after closing latest flagship on hard-cap

The European direct secondaries specialist enjoyed a re-up rate of over 100% for Fund XI.

Whitehorse seeks $6bn for latest flagship on back of its largest capital raise

Whitehorse Liquidity Partners VI would be 13% larger than its predecessor, which closed on $5.3bn in July.

LGT secures more than $3bn for its latest secondaries flagship

Crown Global Secondaries VI was launched a year ago, Secondaries Investor data shows.

StepStone heads to market with latest VC secondaries fund

The fundraise comes as the same time as the firm has taken the lead on a healthcare-focused single-asset continuation fund transaction.

Secondaries competition heats up with new Irving Investors’ fund

The fund’s strategy will take advantage of the current market setup, Irving Investors portfolio manager Jacob Sonnenberg said.

TPG secures $750m for its debut GP-led fund

TPG GP Solutions has ‘line of sight” to reach $1bn, CEO Jon Winkelried said in the firm’s second-quarter earnings call.

Tikehau targets as much as $1bn for second credit secondaries vehicle

The strategy is ‘poised to scale and become a flagship fund’, executives said on the firm’s second-quarter earnings call.

Hamilton Lane is halfway to target on flagship secondaries fund

The firm also expects a final close on Hamilton Lane Infrastructure Opportunities Fund II this year.

Banner Ridge reaches $2bn hard-cap on latest flagship raise

The firm, founded by Siguler Guff‘s former secondaries head, is yet to hold the final close for Banner Ridge Secondary Fund V, Secondaries Investor understands.

Ares plots H2 closings for credit and infra secondaries funds

Secondaries Infrastructure Solutions III will target an 11-14% net internal rate of return, according to documents prepared for a US public pension.