Fundraising

Blackstone crosses $14bn mark for latest flagship raise

Strategic Partners Fund X is the secondaries market’s second-largest active fundraise by target, seeking $22.5bn, Secondaries Investor data shows.

StepStone’s VC secondaries fund tops $1bn as LP interest grows

Ohio’s $23.4bn public school employees’ pension is the latest LP to invest in the fund, committing $50m.

Partners Group wraps up debut infra secondaries fundraising effort with $5.5bn raised

The capital comprises $1.7bn for a fund – exceeding a $750m – as well as $3.8bn raised in bespoke mandates.

Townsend raises $2bn for real estate secondaries

The multi-manager has already deployed $1bn out of its latest secondaries fund and related vehicles, with an early emphasis on data centre investments.

Clipway soars past target to reach $6.4bn for debut fund

The firm’s inaugural vehicle launched in June 2023 with a $4bn target, Secondaries Investor data shows.

Download: Secondaries fundraising surpasses $50bn in first half

Secondaries fundraising saw its second-strongest first six months across a six-year period, with Q1 accounting for the bulk of activity.

Credit manager Serone launches buyout secondaries strategy

The London-headquartered manager has made hires from Ardian and UBS to co-lead the strategy, and has launched a debut fund, Secondaries Investor understands.

Carlyle AlpInvest closes second single asset-focused fund on $1.7bn

The vehicle, which surpassed both its $1bn target and its $345m predecessor, benefited from LPs’ increased sophistication around CVs, Carlyle AlpInvest’s Julian Rampelmann says.

‘Self-liquidating’ helps Arctos make a $6.2bn GP financing debut

The Keystone strategy is expected to remain relevant across fundraising cycles, says managing partner Ian Charles and partner Charlie Tingue.

Pantheon’s infra secondaries surpasses target as fund sizes build

Both Pantheon’s and Ardian’s latest flagships rank among the largest infra secondaries funds ahead of formal final closes.