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.
2 min read · 29 January 2026
The largest average commitment sizes to GP-led deals ranged between $300m and $500m last year, managing director Darren Schluter tells Secondaries Investor.
2 min read · 27 January 2026
LP-led volume saw a 54% year-on-year increase in 2025, reaching $121bn as LPs traded a wider mix of fund quality and accepted larger discounts, a report shows.
2 min read · 27 January 2026
GP-led buyers are ’embracing concentration and able to speak for larger portions of transactions than ever before’, global co-head of secondary advisory Scott Beckelman tells Secondaries Investor.
3 min read · 27 January 2026
The New York-based private markets investment firm has hired a longtime UBS executive to lead the global business, which will invest into a range of investment types including secondaries.
4 min read · 26 January 2026
Traditional buyout firms are taking advantage of what is widely considered a deficit of capital available for the growing number of opportunities in the secondary market, as GPs and LPs seek ways to monetise assets in older funds.
3 min read · 26 January 2026
Blue Owl is building out its relatively new secondaries unit, aiming to be a market leader in the GP-led space.
2 min read · 23 January 2026
The US pension plan is targeting a 5-15% exposure to secondaries and committed a total of $400m to two HarbourVest vehicles.
2 min read · 23 January 2026
While the list of the largest known LP commitments remains dominated by US-based investors, it also reflects a growing presence of non-US institutions from Asia and the UK.
2 min read · 22 January 2026
