Fundraising

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

The Carlyle-owned real estate specialist is preparing to launch its largest fund of funds vehicle to date with a dedicated secondaries and co-investment side-car.
The mega-fund held a $5bn interim close in March.
The US pension is a major backer for some of the largest secondaries funds being raised.
The fundraising effort comes more than a decade after the firm’s Fund III raised $1.75bn.
Headway Capital's Fund III closed at the end of November last year on €175m and is over a quarter invested according to market sources.
The firm is busy deploying its third secondaries fund, which is expected to hold a second close by the end of August.
Darts target
Pomona Capital has closed its eighth fund on $1.75bn, surpassing its $1.3bn target. It launched the fund in 2012 and had collected about $1.14bn by Oct 2013.
More details have emerged on the Singaporean SWF's latest initiative as it gears up to eventually attract retail co-investors.
The $627bn sovereign wealth fund is ramping up its secondaries capabilities, and said to be on the hunt for good fund restructuring opportunities.
The Allianz spin-out has deployed approximately €67m already, purchasing LP stakes in SME-focused European funds.
si
si

Copyright PEI Media

Not for publication, email or dissemination