Fundraising

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.

The Swiss firm, owned by the Princes of Liechtenstein, has already made seven secondaries deals from Crown Europe Middle Market III which closed on its hard-cap.

The mezzanine powerhouse is expected to have raised a third of its target for the fund, which will focus on restructurings.

The VC secondaries firm is targeting the same amount it raised for its previous dedicated secondaries fund.

One of the US's largest pensions has approved a commitment to ASF VII which is seeking $9bn.

The pan-Asian firm is racing towards a first close on its latest direct secondaries vehicle, Secondaries Investor has learned.