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Fundraising
The fund is seeking $1.2bn to invest in LP stakes, directs and GP-led transactions in funds of between three- and eight-years of age.
The endowment has committed $10m to its latest flagship fund, which is seeking $12bn for secondaries.
The fund has garnered over $170m so far and will target special situations, secondaries and private equity investments.
Assets in the deal include UK wine wholesaler Enotria & Coe and cosmetic surgeons chain Private Clinic Group.
A lack of exit opportunities is a thing of the past, according to managing director Tim Brody, whose firm has placed a big bet on Asia with its latest secondaries funds.
The Deutsche Bank spin-out has held a first close on around 70% of Glendower Capital Secondary Opportunities Fund IV's target.
Proskauer's Nigel van Zyl discusses the occasions when an LPA might be renegotiated, in this extract from The LPA Anatomised.
The secondaries giant is speaking to investors about ASF VIII, Secondaries Investor has learned.
The firm founded by StepStone's former secondaries head had been investing on a deal-by-deal basis.
Fund VIII is focused on acquiring LP stakes and investing separately managed accounts and co-investments.