Fundraising

Ex-Mantra head’s Seine Capital holds first close on debut fund

The firm is seeking as much as $150m for Seine Capital Liquidity Solutions, which has a $200m hard-cap.

Lexington seeks up to $1.5bn for its debut single-asset fund

The firm disclosed the launch of its concentrated deal-focused GP-led strategy in May.

Flywheel brings PE toolbox to venture secondaries

The London-based firm’s strategy is based on a preferred equity approach to give GPs, LPs and companies short-term liquidity.

Brazil’s Patria could exceed target on first post-Abrdn secondaries fund

Patria Investments Secondary Opportunities Fund V launched in July and held a first close in September.

Capital Dynamics collects more than $1bn on latest flagship fund

The oversubscribed vehicle is more than $300m larger than its predecessor.

Ardian seeks more than $1bn for debut single asset CV-focused vehicle

Ardian has previously backed single-asset continuation funds out of its co-investment programme and via an SMA with a US public pension.

Secondaries will account for a quarter of Adams Street’s latest fund

The firm’s 2024 Global Fund Program raised just over $1bn.

Pantheon’s latest senior debt vehicle rockets past predecessor

Pantheon Senior Debt Secondaries III has raised nearly $2.4bn after launching in October last year.

Sweetwater seeks $650m for largest fund to date

The firm, founded by a former StepStone partner, focuses on GP-leds and direct secondaries.

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.