Silas Sloan

The expansion follows the firm's first SICAV fund, which raised $130m from Canadian clients.

Council Ring Capital, a single-family office founded by the Mills family, led the deal with Finnish GP DevCo in a transaction that Coller Capital also backed.

Connecticut Retirement Plans and Trust Funds wants to further capture attractive sponsor initiated investment opportunities in addition to the ones it sees via its managers.

According to mid-year advisory reports, the secondaries market is looking at a potentially record-breaking finish to 2024.

Lexington Capital Partners X, the firm's latest main secondaries fund, smashed its $15bn target to collect $22.7bn last year.

Heitman European Residential Investment Partners fund's portfolio comprises Western Europe residential units.

One in three private equity funds missed their fundraising targets in H1 2024, compared with 4% of secondaries funds.

Cubera X, which focuses on Nordic managers, was oversubscribed and is 54% larger than its predecessor.

Data from the consultant prepared for Teachers' Retirement System of Louisiana shows the strategy still has room to grow.

The hires come after the asset manager brought on its first London-based, dedicated secondaries professional in April.