Fundraising

Blackstone reiterates expectations for ‘first major close’ on PE flagship in Q4

Strategic Partners Fund X is seeking $22.5bn, documents prepared for a US pension’s meeting this week show.

Secondaries becoming an ‘all weather’ strategy – RCP Advisors

The small buyout specialist’s latest secondaries vehicle surpassed its $1bn target and will invest in both LP- and GP-leds.

India’s Neo nears $250m final close on debut secondaries fund

The fundraise is the private credit and real asset manager’s first private equity secondaries endeavour.

Private debt secondaries luring LPs across the board

Investors from German insurer Munich Re to Lithuanian family office Willgrow are jumping into the nascent asset class or considering doing so.

How 2025 set a full-year fundraising record in just nine months

Investor enthusiasm for secondaries is no secret, and it has manifested in some eye-popping fundraising figures.

DOWNLOAD: Secondaries fundraising YTD surpasses full-year record

More capital was raised for the strategy between Q1 and Q3 than the $118bn gathered in 2023.

Secondaries volume reaches $165bn in Q3, in line with 2024’s full-year figures – PJT

Q3 saw $60bn of secondaries volume with just over half made up of GP-led deals, according to estimates from the investment bank.

Ares closes on $5.3bn infra secondaries programme – updated

The programme is one of the largest infrastructure secondaries platforms raised and follows Blackstone Strategic Partners’ $5.5bn fund close in August.

HarbourVest targets $20bn for latest secondaries flagship

The fund will target an even split of LP- and GP-leds, primarily in North America.

Banner Ridge targets $3.2bn for sixth secondaries flagship

The Siguler Guff spin-out launched the fund earlier this year and is eyeing an end-of-year close, Secondaries Investor has learned.