Fundraising

‘I can hand on heart say there has never been a deeper, more robust pipeline than the one that we have right now,’ HarbourVest’s Jeff Keay told Secondaries Investor on the back of its $15.1bn flagship raise.

Commonfund Environmental Solutions II has sleeves for private equity fund investments, direct and co-investments, secondaries and real assets.

Aizawa AM’s third flagship, which held its final close this year, is already 85% deployed, chief executive Shinichiro Shiraki tells Secondaries Investor.

Combining Dover Street XI and its co-investment vehicle Secondary Overflow Fund V, the manager has raised $18.5bn to deploy into secondaries transactions.

CVC Secondary Partners, formerly Glendower, also saw realisations increase from €300m in H1 2023 to €600m in the first six months of this year.

There are at least 14 secondaries vehicles seeking capital to invest in the asset class, Secondaries Investor data shows.

The Carlyle unit is also in market with its flagship secondaries programme and a dedicated single-asset-focused fund.

The past year has been the firm’s strongest fundraising period ever, with nearly $28bn raised.

ICG Strategic Equity Fund V has already raised more than its $6bn target.

While this year has not seen a large-scale close, several funds with hefty targets remain in market.