Fundraising

Cebile's goal is to be 'the market leader in PE mid-market GP-led deals and placement', founder Sunaina Sinha Haldea tells Secondaries Investor.

The full service secondaries firm has hired an MVision vice-president to bolster its ranks amid an advisory talent frenzy.

The fundraise is part of total capital commitments of $1.5bn across the most recent series in the firm's family of funds.

The $91bn Brookfield Infrastructure Group plans to seed capital to support a third-party fundraise.

The fundraising haul includes $1.5bn for a dedicated single and concentrated asset vehicle.

'If you go out five or six years, I think the secondaries market could easily double in size,' managing director Cari Lodge told Secondaries Investor in September.

The health crisis has been an exogenous factor that has led some LPs to 'reassess from the ground up', according to the Blackstone unit's Europe head.

The vehicle will launch 'imminently' and be led by partners Michael Schad, Ed Goldstein and Martins Marnauza, Secondaries Investor has learned.

The secondaries firm was acquired by Ares Management in March and is targeting north of $10bn by 2022.

Portfolio Advisors Secondary Fund IV has a hard-cap of $2.25bn and is being raised alongside a dedicated GP-led secondaries vehicle.