Fundraising

HSBC raises latest fund to house private equity fund stakes

Private Equity Opportunities III closed on $738m and includes $100m for new commitments.

StepStone reaches $1.6bn for latest secondaries flagship raise

StepStone Secondary Opportunities Fund V launched in May last year.

Whitehorse Liquidity preps next flagship in relentless fundraising drive

The firm is understood to be pushing ahead with fundraising even amid the tougher environment.

AltamarCAM nears one-third mark of latest flagship target

The firm is seeking €1.3bn for ACP Secondaries 5, having launched the vehicle in the first quarter of this year.

Pantheon sees substantial opportunity in credit secondaries as it closes latest vehicle

The firm, which closed its Pantheon Credit Opportunities Fund II in May, sees around 70% of dealflow coming from LPs, according to global head of private credit Rick Jain.

Connecticut considers being a buyer and seller of secondaries

CRPTF’s investment advisory committee approved $350m in commitments, split equally between HarbourVest’s latest flagship secondaries fund and a connected co-investment vehicle.

Secondaries skyrockets to second-most popular strategy in Q1

More capital was closed on for private equity secondaries in the first quarter of the year than for any other strategy outside of buyouts.

Industry Ventures targets $1bn for latest flagship VC secondaries fund

The VC secondaries specialist reached the $850m hard-cap for its predecessor, which held its final close in 2021.

Goldman surpasses $5bn for latest private equity secondaries fund

Goldman raised $10.3bn for predecessor Vintage VIII against a target of $7bn, according to Secondaries Investor data.

Secondaries fundraising down, but not out

LP capacity constraints and macro challenges made a sizeable dent in capital raising last year, but secondaries funds still managed to exceed 2018 and 2019’s total hauls.