News & Analysis

The firm’s decision comes two months after Secondaries Investor reported the European manager had put its blindpool GP-led secondaries fundraising plans on ice.

Secondaries was among strategies with the most acceleration driving Carlyle’s deployment pace last year, CFO John Redett says on an earnings call.

The fund will be split between fund investments and transactions, with 75% of the latter proportion going to secondaries deals.

Liquidity remains a main focus in the industry as exit activity has yet to pick up after a multi-year slump.

StepStone Real Estate Partners V will focus on GP- and LP-led real estate deals in the US.

LTO Fund IV beat its target by 28% and raised capital from both institutional and private wealth investors.

Managing partner Stephan Wessel has been promoted to CEO with the firm hiring a new managing partner to lead its North America growth.

2024 saw a significant increase in infrastructure GP-led opportunities with GPs utilising the secondary market to achieve their fundraising and liquidity goals, according to Campbell Lutyens.

The New York-headquartered firm also promoted two employees to partner.

The mid-market manager is seeking to move four assets into a new vehicle, Secondaries Investor has learned.