Funds

HarbourVest secures $865m for latest infra secondaries raise

While the firm missed its $1bn target, the vehicle was almost double the size of its predecessor which closed on $456m in 2019.

NYS Common commits $550m to TPG’s GP-led strategy

The pension committed $500m to GP Solutions II’s predecessor, marking the biggest commitment made to a secondaries fund last year.

Japanese secondaries JV trebles firepower with latest fund close

Japan Private Equity Opportunity 2024 turned down overseas investors as it was oversubscribed by domestic LPs, WM partner Shohei Suzuki and AIC CEO Reijiro Samura tell Secondaries Investor.

HarbourVest launches its first secondaries vehicle dedicated to private credit

The fund is the latest in a string of launches as the demand for credit secondaries grows.

New Jersey proposes $600m commitment to Lexington secondaries SMA

The separately managed account will invest into two Lexington funds, as well as co-investment opportunities.

New Hamilton Lane fund ‘democratises’ access to VC

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

Flexstone closes on €200m for first dedicated secondaries vehicle

Mid-Market Secondaries III, the successor to co-investment and secondaries-focused vehicle Select Opportunities Fund II, reached its target.

StepStone: Bigger fund won’t change the firm’s focus

The firm is fresh off raising its largest fund ever, StepStone Secondary Opportunities Fund V, which totalled $7.4bn across its entire programme.

Partners Group: LP portfolio rebalancing presents ‘biggest opportunity set’

Pricing for high-quality inflection assets with material upside has tightened to the low- to mid-90s, according to chief executive David Layton.

Asian fundraising platform Alta mulls secondaries fund launch

The Singapore-based fundraising platform is seeking to co-launch a secondaries fund alongside experienced GPs that will target individual investors.