Fundraising

The fund of funds has returned to market with its latest dedicated secondaries vehicle that will follow a similar strategy to its predecessor.

The fund of funds manager has ceased formal fundraising for the vehicle and is expecting to hold a final close in March.

The world's largest educator-only pension fund made its first investment to Ardian funds with a commitment to the FoF's latest secondaries vehicle.

Private Markets Income Fund I will invest in primary, secondaries and co-investments and is the first standalone vehicle of its kind for Morgan Stanley.

The pension plan invested in debt, equity and secondaries through two fund allocations in February.

San Francisco-based Industry Ventures is seeking $200m for Fund IV, a fund of funds that can buy early VC secondaries.

This is a re-up for the State of Wisconsin Investment Board which has invested in at least the last five Coller secondaries funds.

The London boutique investment firm has hired a US-based IR professional amid the fundraise for its latest secondaries fund.

The real estate fund of funds manager raised $550m for its Metropolitan Real Estate Partners Secondaries & Co-Investments Program, which had an initial target of $450m.

About half of the Tel Aviv firm's second fund will focus on direct stakes in Israel-related investments amid a boom in direct secondaries opportunities there.