Fundraising

StepStone spin-out Sweetwater raises $20m for blind-pool fund

The boutique secondaries firm is targeting $150m for Sweetwater Secondaries Fund II, Secondaries Investor reported last year.

NewQuest raises biggest-ever Asian secondaries fund

The Asian secondaries specialist has raised $1bn for its fourth fund and appointed an MD to its India team.

VC-focused Knightsbridge returns with sophomore fund

Stakes in VC funds attracted the lowest pricing among all strategies in the first half of the year.

Lexington’s latest secondaries fund terms revealed

The fees and carry of Lexington Capital Partners Fund IX were revealed in US pension documents.

Hamilton Lane holds second close on way to $3bn

The investment firm is targeting more than twice than what it sought for its predecessor with its fifth dedicated secondaries fund.

Newbury returns with fifth flagship fund

The Stamford, Connecticut-based secondaries firm is targeting 40% more than its 2017-vintage predecessor.

Tikehau hires StepStone director for debt secondaries push

The investment firm has hired Olga Kosters to lead the launch of its debut debt secondaries vehicle.

Greenspring holds first close on way to $600m

The VC secondaries investor has raised around $104m, having returned to market in June.

BlackRock sets target for debut secondaries fund – exclusive

The world’s largest asset manager is set to come to market in 2020.

Ardian’s giant secondaries fund terms revealed – exclusive

Details of ASF VIII’s carried interest, management fee and GP commitment were disclosed in a document seen by Secondaries Investor.