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LPs can customise their allocations in the vehicle across strategies including as much as 20% to secondaries.
The secondaries giant is seeking $12bn for the secondaries pocket of ASF VIII, having raised $14bn for its predecessor across primary, secondaries and co-investment sleeves.
The vehicle's close comes two months after Secondaries Investor reported the firm and Ardian were the buyers of a portfolio from American International Group.
The firm's Strategic Partners secondaries unit is seeking $8bn for Fund VIII, as Secondaries Investor reported in May.
Mantra Secondary Opportunities II, which launched in October last year, will focus on niche sectors of the market.
Five secondaries funds closed in Q3, compared with seven in the same quarter last year.
The close of Landmark Equity Partners XVI, which had a $4.75bn hard-cap, brings the firm's total committed capital to $27bn.
Partners Group Global Infrastructure 2018 is targeting €1bn and has a 60% allocation to primaries and secondaries.
The VC firm, one of Europe's largest, will use the vehicle to make direct secondaries investments in European technology companies.
Northleaf Capital Partners' latest fund is more than three times larger than its predecessor. Managing director Michael Flood discusses how the firm plans to deploy the vehicle and the additional $500m it amassed in SMAs.