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Fundraising
Capital raising for secondaries vehicles exceeded the $19.74bn raised in the first three months of 2016, the previous high.
The co-head of the $53bn investment manager's secondaries team discusses its $2.1bn fundraise and how it plans to navigate the coronavirus crisis.
The direct secondaries specialist is in talks with the European Investment Fund, Secondaries Investor understands.
The investment manager has raised nearly double what it was targeting for its fourth secondaries fund.
The Boston-based asset manager is in market with flagship secondaries fund Dover Street X.
BlackRock Secondaries & Liquidity Solutions is understood to count SWFs and pensions among its anchor investors.
The firm backs restructurings in private equity and private real estate, among other complex deal types.
Dave McClure plans to raise a fund to buy GPs' and LPs' stakes in micro VC funds.
The deal was used to seed the $440m debut credit fund of Angel Island Capital.
The market is a rare bright spot amid coronavirus-related uncertainty, according to the firm's annual results call on Tuesday.