Fundraising

To fundraise or not to fundraise?

For fledgling secondaries firms, raising a first-time fund can be tough, but it isn’t always necessary to do so.

Robard firm hires former CPPIB and Ontario Teachers’ exec – exclusive

Secondaries firm Whitehorse Liquidity Partners, which has raised a sixth of the target for its debut fund, has tapped a seven-year Canadian public pension veteran as CFO.

Coller fundraising exec joins Warburg Pincus

The secondaries firm has lost at least three professionals involved in fundraising this year, including its head of capital raising and IR and its deputy investment officer.

StepStone receives commitment from Taiwan’s Fubon

Taiwan’s second-biggest financial holding company has committed $30m to the global investment firm’s latest secondaries fund.

Dallas-Fort Worth commits to CapDyn Fund IV

The US pension fund approved a $20m commitment to Capital Dynamics’ latest dedicated secondaries fund which had raised three-quarters of its target by April.

Willowridge hits hard-cap for Amberbrook VII – exclusive

The secondaries specialist raced toward a March final close on its latest fund, raising half a billion dollars in around five months.

Pantheon amasses more than $3bn for Fund V – exclusive

Pantheon Global Secondary Fund V was due to hold a final close at the end of May, according to documents from the Ventura County Employees’ Retirement Association.

Montana re-ups in HarbourVest’s latest vehicle

The $16bn state pension has continued its support of the fund of funds’ Dover Street vehicles with a $20m commitment.

Continuity holds final close on NZ$46m – exclusive

The Australian fund of funds manager smashed the target for its latest fund that will focus on primary and secondaries investments in Australasia.

Ventura County makes $120m in secondaries commitments

California pension Ventura County Employees Retirement Association has made commitments to HarbourVest and Adams Street funds.