The market has been waiting to see what kind of reception TPG’s pool would attract from LPs, being a first-time fund and a new platform for the mega-firm.
3 min read · 16 November 2022
The fundraising comes as its secondaries unit, Strategic Partners, eyes as much as $20bn for its latest private equity flagship.
1 min read · 14 November 2022
Landmark Equity Partners XVII raised 40% of its target in a final close last month amid an overall drop in secondaries fundraising among firms so far this year.
2 min read · 10 November 2022
The volume of PE secondaries vehicles holding final closes between January and September this year dropped 49% year-on-year, according to Secondaries Investor data.
2 min read · 10 November 2022
The investment consultant is seeking $250m for a dedicated secondaries fund, following consultants such as Hamilton Lane and StepStone in managing pooled private markets funds.
2 min read · 07 November 2022
Abu Dhabi Investment Authority is also understood to have been in talks to buy a stake in the secondaries giant.
2 min read · 03 November 2022
Blackstone Strategic Partners IX hit $17.2bn in the third quarter of the year, according to the firm’s latest earnings call.
2 min read · 25 October 2022
Unlike traditional VC funds, Industry Ventures Direct III will only invest in companies the firm already has exposure to through its secondary and fund of funds strategies.
2 min read · 06 October 2022
The firm has a subscription credit line of up to 30% of the total of Adams Street Global Secondary Fund 7, US pension documents show.
2 min read · 04 October 2022
The firm, which is seeking $15bn for ASF IX, recorded its biggest year of secondaries deployment last year.
2 min read · 30 September 2022
