Fundraising

HarbourVest joins list of GPs closing debut CV-focused strategy in 2026

The Boston-headquartered manager has raised over $1.1bn for its debut single asset CV-focused strategy, joining Blue Owl and Leonard Green in closing such vehicles this year.

Schroders gets pickier on venture secondaries

Pricing on VC secondaries is less attractive now, says Schroders Capital venture chief Steven Yang.

CVC’s secondaries flagship surpasses target with over $8bn raised – updated

The fund, which remains in market, has exceeded its target by more than $1bn and already marks a significant step up from its $5.8bn predecessor.

Montana closes first secondaries programme following its acquisition by PGIM

The close of MCP Opportunity Secondary Program VI follows a rejig of Montana’s senior leadership last year.

Ardian collects over $5bn for latest infra secondaries fund

Strong investor demand has already propelled the fund beyond its predecessor’s $5.2bn final close.

Private credit secondaries could reach $80bn by 2030

Private credit is one of the fastest-growing segments in the secondaries market, reaching at least $20bn in deal volume last year.

Blackstone saw record year for secondaries deployment

Strategic Partners has held an initial close of $5bn for Strategic Partners Fund X with ‘another major close’ expected in the coming weeks, Blackstone’s president and COO Jon Gray said on the firm’s earnings call. Its $22.2bn Fund IX had committed $19.7bn by year-end 2025.

Most LPs choose liquidity over rolling into continuation funds – report

Nearly one-quarter of LPs have seen evidence of CV-on-CVs, according to Coller Capital’s latest investor survey.

Credit secondaries is set for another banner year

Credit secondaries ranked second only to PE in deal volume across both LP-led and GP-led transactions in 2025.

DOWNLOAD: Non-US LPs gain ground among largest secondaries investors in 2025

While the list of the largest known LP commitments remains dominated by US-based investors, it also reflects a growing presence of non-US institutions from Asia and the UK.