The firm’s fifth global secondaries fund could collect at least half of its $750m target by March, giving Adams Street hefty buying power in what is expected to be an intense deal environment during the first two quarters.
The Japanese private equity firm has attracted Japanese pension fund investments and expects to launch a successor fund for Greater China in 2012.
The Japanese private equity firm has attracted a number of Japanese corporate pension funds as it nears a final close on its third secondaries fund.
The long-time secondaries player will focus on several strategies, including developed Asian buyout funds, energy and consumer goods.
The $12.1bn pension system made three recent commitments, including a $15m re-up to Lexington Capital Partners’ seventh secondaries fund.
The $43bn United Nations Joint Staff Pension Fund carved out a 6% allocation to private equity last year and has made its first commitments to big funds this summer.
The Swiss firm is poised to bring a third secondaries fund to market after closing its predecessor, Crown Global Secondaries III, on $1.2bn last year.
The firm’s fifth secondaries fund of funds, launched late last year, is approaching its $3.5bn target.
The San Francisco secondaries firm exceeded its sixth fund’s $300m target by attracting new LPs and re-ups.
Committed Advisors, founded by former AXA PE executives Daniel Benin and Barthelemy de Beaupuy, has already closed on eight transactions.