Fundraising

A look into capital raising for secondaries strategies, including fund launches, hard-caps, fund closures and LP commitments to vehicles.

The oversubscribed fund reached its hard-cap and attracted 30 institutional investors and more than 300 private client investors.
Neuberger Berman has collected more than $1bn from Japanese and Korean LPs
Neuberger Berman is in market with its 20th fund of funds and closed its third dedicated secondaries fund last year.
The Israeli fund of funds manager will buy low-funded secondaries and early secondaries positions in venture capital funds and in technology-related private equity funds.
Access Capital Fund VI Growth Buy-out has already completed one secondaries transaction.
Access Capital Private Debt Fund II will focus on direct co-investments, primary and secondary commitments.
Fund VI surpassed its $3.5 billion target and is the firm's first fund raised under the Blackstone name.
Texas capitol
The $26bn Employees Retirement System of Texas has closed 16 private equity co-investments since inception and six in fiscal 2014 alone.
Akina Euro Choice Secondary is expected to hold a second close on more than €100m, after its first close on €73.5m in July.
In hauling almost $2bn for the Partners Group Real Estate Secondary 2013 fund, the Zug, Switzerland-based firm has raised a record amount of capital for real estate secondaries.
Cinncinati-based Fort Washington Capital Partners has upped the target for its eighth fund of funds from $250m to $300m.
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