Managers

GP-led specialist Timber Bay closes third flagship fund on $281m

The GP-led-focused fund is more than a quarter invested and will target lower mid-market deals in North America.

Blackstone saw record year for secondaries deployment

Strategic Partners has held an initial close of $5bn for Strategic Partners Fund X with ‘another major close’ expected in the coming weeks, Blackstone’s president and COO Jon Gray said on the firm’s earnings call. Its $22.2bn Fund IX had committed $19.7bn by year-end 2025.

Connecticut sees scale as a ‘competitive advantage’ in secondaries

The US pension plan is targeting a 5-15% exposure to secondaries and committed a total of $400m to two HarbourVest vehicles.

AIG uses fund stake transfer to seed CVC $1.5bn evergreen portfolio

The pair will eye ‘additional areas of collaboration’ amid the insurer’s plans to raise its alternatives exposure.

Stafford raises over $1.1bn for infra secondaries

SISF V is the largest infrastructure vehicle that Stafford has raised to date and brings its total infra AUM to $2.7bn.

Blue Earth raises $100m for its first dedicated secondaries strategy

The firm is seeking to raise $300m for the strategy, head of private equity partnerships Nicolas Muller tells NPM.

Westwood targeting ‘proven’ traditional energy secondaries with new fund

The energy-focused firm’s latest $300m secondaries vehicle will target oil and gas, avoiding renewable energy.

Arcano closes on hard-cap for latest secondaries vehicle

The vehicle surpassed its target by €350m, making it the Spanish firm’s largest secondaries fund to date.