Hamilton Lane Secondaries VI has surpassed its $5 billion fundraising target.
The firm launched a dedicated credit secondary strategy around this time last year and has reportedly deployed around $500 million across five deals.
EvergreenLink examines the Q2 capital flows, investment activity, and performance of Fairway's tender offer fund that is now available on iCapital.
The second vintage of the secondary strategy has reached half of its €500 million target, and the programme has completed five investments across GP- and LP-led transactions.
Ibex Secondary II has attracted 150+ investors, raising nearly twice the $40 million secured by its 2024 predecessor.
The firm has appointed Loïc Beaumont as Head of Private Equity to lead the initiative that targets LP-led secondary positions in European buyout funds.
The closed-end fund will invest across PE buyout and growth alongside opportunistic GP-and LP-led secondaries, with commitments starting at €5,000.
The firm is looking to match the size of its predecessor, which closed in 2023 with $22 billion in capital commitments.
The India-focused vehicle has a target size of $75 million and will allocate capital across primaries, secondaries, and co-investments.
The firm's secondaries business topped the $100 billion AUM milestone during the first quarter.
