Fundraising

The firm is likely to launch a fund in the second half of 2018 spurred on by the bright outlook for the European VC market.

Despite buoyant fundraising, the number of LPs actively investing in secondaries funds fell from last year, according to a survey by Probitas Partners.

Sebastien Burdel and Luca Salvato, who left the secondaries firm last year, are attempting to raise a restructurings-focused fund, Secondaries Investor has learned.

Generation Mature Secondary FoF will target stakes in European and US private equity funds.

LPs in the firm's 2015-vintage buyout fund were also given the option to sell their stakes to Partners Group, Secondaries Investor has learned.

The fund, which has been in the market since July, will acquire stakes of between $3m and $30m in lower- and mid-market North American funds.

Aether Real Assets SONJ Fund will seek to outperform the Bloomberg Commodity Index by at least 12% through primary funds, secondaries and co-investments.

Regional differences are still palpable in attitudes to investing in the strategy, according to sister publication Private Equity International's Perspectives 2018 survey.

Timber Bay Partners, a secondaries firm founded by two Fort Washington executives, is seeking $200m according to a US Securities and Exchange Commission filing.

A revamped internal structure, new business lines and a focus on separate accounts have helped the firm thrive in a tough market for funds of funds, says head of secondaries Wouter Moerel.