Fundraising

Strategic Partners amasses almost $2bn for infra secondaries so far

The Blackstone unit previously raised $3.75bn for its third programme focusing on the asset class.

Ardian seeks more time to raise flagship secondaries fund

The secondaries giant’s ASF IX launched in February 2022 and is seeking north of $20bn.

Banner Ridge’s Cusano: fundraise was less about strategy and more about results

Banner Ridge reached a $2.15bn final close for its latest flagship fund this year, smashing its $1.4bn target.

Cost of capital front of mind as Lexington closes industry’s biggest fund

The firm’s $22.7bn haul this week comes at a time when institutional investors are assessing the opportunity cost of their investments.

Top five fundraises of 2023

Blackstone Strategic Partners tops the list with a record-breaking fundraising for its ninth flagship fund, which amassed $22.2bn.

Move over, debt funds – RE secondaries are driving appetite, too

Two historic fundraises in the space of a week tell us much about where real estate investors see opportunities for returns in a fractured market.

Strategic Partners scores fourth-largest RE secondaries raise on record

Strategic Partners Real Estate VIII follows vehicles from Ares Management’s Landmark Partners, Partners Group and Goldman Sachs.

ICG’s Durteste: next secondaries vintage ‘looking good’ to eclipse predecessor

The ‘phone keeps ringing’ on continuation fund dealfow, according to the listed manager’s chief investment officer and chief executive Benoît Durteste.

Schroders closes fourth secondaries fund above target

The firm has closed on more than 50 GP-led transactions since 2021 including GP-leds with Emeram and Volpi Capital.

AlpInvest set to wrap up fundraise for latest flagship programme next year

Carlyle’s secondaries unit is seeking north of $10bn for AlpInvest Secondaries Program VIII, Secondaries Investor has reported.