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If it hits the hard-cap, the firm's latest fund would be 67% larger than its 2018-vintage predecessor.
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ASF IX would be tied for the largest standalone fund dedicated to secondaries, alongside Lexington Capital Partners X, which launched in May.
fundraising
Dover Street XI is targeting 67% more than its predecessor, which would put it among the largest secondaries funds ever raised.
fundraising
Private Investment Partners VI can invest in PE, private credit, infrastructure and several other asset classes, with up to 20% going into secondaries.
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The secondaries specialist, which merged with CVC Capital Partners in September, has created a new principal and three new vice-presidents.
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Coller Credit Opportunities I came to market in May, targeting $750m, and is managed by partners Michael Schad, Ed Goldstein and Martins Marnauza.
FY 2021 SI fundraising cover
Sizeable closes from Coller Capital, LGT Capital Partners and others anchored fundraising in a year when many players entered the growing market.
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Chicago-headquartered RCP is in market with its fourth secondaries fund targeting North American lower-mid-market buyout funds.
Blackstone is on track to reach $20bn for its latest flagship secondaries fund, having nearly achieved its target in the space of a quarter.
Fundraising past limit
The Darien, Connecticut-based alternatives manager has raised more than $1 billion over its initial target.
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