Carlyle’s AlpInvest targets $2bn for portfolio finance-focused fund
Aug 12, 2024 · Carlyle’s AlpInvest Partners has raked in just under half of the target of its standalone fund focused on portfolio finance.. AlpInvest Strategic Portfolio Finance Fund II has secured $947.8 million in commitments, according to filings with the US Securities and Exchange Commission.. The vehicle is targeting $2 billion with AlpInvest expecting to hold the final close on the vehicle in ...
Secondaries Investor | Complete intel for the world's secondaries …
Sep 27, 2013 · Secondaries Investor is the dedicated source of intelligence for the world’s secondaries markets across alternative asset classes including private equity.
SI 50: The world’s top secondaries firms
Sep 1, 2024 · Secondaries investors continue to defy fundraising obstacles amid increasing demand for more specialisation within the market. The top 50 secondaries firms raised a total of $473.8 billion between 1 January 2019 and 31 December 2023 – an increase of 9 percent from the previous year’s ranking, when $434.5 billion was recorded in …
Blackstone plans to launch biggest secondaries fund yet
Jul 18, 2024 · Blackstone Strategic Partners is planning to start fundraising for its latest secondaries fund within the next few quarters, according to its latest earnings call.. The firm expects the new fund to surpass the size of its $22.2 billion predecessor, which closed above its $13.5 billion target in 2023, according to Secondaries Investor data. An exact target was not disclosed on the call.
ICG on track to raise largest-ever GP-led secondaries fund
May 28, 2024 · ICG, the 12th-largest secondaries firm by fundraising per the SI 50, looks set to raise its largest-ever GP-led-focused fund when it holds its final close.. The London-listed manager’s Strategic Equity unit has already raised more capital for its Strategic Equity V fund than the size of its predecessor and is still in fundraising mode, chief investment officer and chief executive Beno ît ...
Lexington breaks records with $22.7bn flagship raise - Secondaries …
Jan 9, 2024 · Lexington Partners has broken the record for the largest secondaries fund ever raised, closing on $22.7 billion for its latest flagship fund.. Lexington Capital Partners X, which launched in 2021, significantly surpassed its $15 billion target, according to Secondaries Investor data. It also roared ahead of its $14 billion predecessor, which closed in 2020.
ICG’s Strategic Equity steps up as buyer on CVC’s single asset
Apr 11, 2024 · CVC Capital Partners, which raised the private equity industry’s largest-ever fund last year, has found backing for its single-asset continuation fund transaction.. Intermediate Capital Group‘s Strategic Equity unit has stepped up as sole secondaries buyer on the transaction to move Italian online university group Multiversity …
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Evergreen’s newest secondaries entrants
May 30, 2024 · Just over a month ago, Pantheon’s US private wealth head Mike Hutten told Secondaries Investor the firm was “probably about a year or two ahead” of its time with the launch of its dedicated secondaries evergreen vehicle.. News this week that ICG is joining the likes of Pantheon and Coller Capital in offering a secondaries-only evergreen strategy shows that year or two prediction could ...
Apr 2, 2013 · White Paper – Private Equity Secondaries – April 2, 2013 Confidential 3 Following steep declines in public equity markets, many secondary transactions were driven by the so-called “denominator effect”3, forcing investors to exit their immature private equity holdings in order to be released from unfunded commitments.