The deal is one of only a few that have proceeded through the pandemic downturn, which otherwise has stopped most secondaries deal activity.
In 2017, CEO Hans Swildens said Industry Ventures' funds would only exceed $500m if there was 'a massive downmarket correction'.
Vertex Holdings is offering liquidity options on multiple funds in a deal that could be worth as much as $500m.
The close of Strategic Partners' latest real estate secondaries fund has led Secondaries Investor to revise its fundraising figures.
Strategic Partners Real Estate VII has raised $600m more than its predecessor and is looking at a strong pipeline of GP-led deals.
Mill Reef Capital has made five appointments since its founding last year by ex-Schroder Adveq secondaries head Nico Taverna and Gregor Hasler of LGT Capital Partners.
The advisory firm has hired a vice-president from Campbell Lutyens, having appointed an Asian secondaries head in March.
Capital raised in final closes jumped 455% year-on-year, setting a record for the strategy, according to Secondaries Investor data.
The $515bn Canadian asset management giant has hired two Partners Group executives to help with the effort.
The German manager is aiming to raise up to €600m for the vehicle that can invest in LP secondaries and GP-led processes.