Fundraising

Leonard Green’s debut GP-led fund tops target, as secondaries investing surges

The buyout firm launched Sage Equity Investors last year with a $1.5bn target.

CVC’s latest secondaries flagship expected to exceed target

The firm’s half-year activity update also disclosed launch plans for future secondaries vehicles.

VCFA in market with fund dedicated to blockchain infrastructure – updated

The secondaries pioneer is approaching its target for the vehicle, which marks its first strategy beyond VCFA’s flagship Venture Partners series.

Dawson raises more than $8bn for sixth flagship

Dawson Portfolio Finance 6 has beaten its target as the firm continues to deepen relationships with US-based LPs.

TPG’s second GP-led vehicle holds $1.3bn first close

The fund launched earlier this summer and is already close to catching the total of its predecessor.

Macquarie raises more than $700m for debut infra secondaries fund

The fund is slightly skewed towards LP-led deals and looks for opportunistic investments in the GP-led market, head of infrastructure secondaries, Wandy Hoh, tells Secondaries Investor.

Blackstone targets $22bn for Strategic Partners Fund X

‘The returns have been very strong over time in this area, and that’s making it attractive to investors,’ COO Jonathan Gray said of Blackstone’s secondaries business.

The market’s back on track for $200bn

The secondaries market has remained red-hot. While the area is not without its hurdles, uncertainty in the first half once again reinforced its worth.

Secondaries dry powder buoyed by private wealth as market reaches H1 record – Jefferies

Available secondaries capital grew to a record high of $302bn in the first half, with aggregate NAV of retail vehicles managed by secondaries investors surpassing $80bn as of March, according to a report from Jefferies.

Secondaries volume surpasses $100bn to reach half-year record – Evercore

Volume surpassed most full-year totals from the past decade in the wake of recent geopolitical tensions and macro uncertainty.