Fundraising

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

The firm is targeting $1bn for its main real estate fund and previously launched a separate $200m co-investment fund with the Ohio Public Employees’ Retirement System.
London-based Coller Capital is expected to have deployed about 75% of its $5.5bn Fund VI by mid-2014.
The Carlyle-owned real estate firm has a diversified portfolio of primary and secondary fund interests.
Committed Advisor's sophomore secondaries fund will spend roughly two-thirds of its capital on fund stakes and the rest on direct secondaries investments.
Blackstone's secondaries group aims to raise at least $3.5bn for its latest fund, investments from which already include stakes in 3i and Ares funds.
ARCIS is targeting €350m for its European Secondary Development Fund V which will invest on the European private equity secondaries market.
PineBridge Secondary Partners III has raised about $60m toward its $500m target, in the past year.
The advisor’s Euro Choice Secondary fund has already invested €35m in a European portfolio of 30 funds from Spain and Portugal.
Aberdeen head of secondaries Andrew McCaffery said investors are becoming more active in managing their indirect property portfolios.
The New York-based firm has already deployed 40% of Fund III's capital in 10 transactions, four of which have been with banks and financial institutions.
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