The evergreen interval fund invests in growth-stage secondaries with a minimum investment of $500.
Openstone Infraworld will initially target four funds managed by Macquarie, Partners Group, and Ares, including strategies focused on infrastructure secondaries.
The partnership will also develop products for wealth investors, beginning with an evergreen private equity secondaries fund expected in the coming weeks.
We highlight key features of the newly registered interval fund, which will combine public growth investments with private-market exposure, including secondaries and co-investments.
Managed by Fundcraft France and initially distributed exclusively by Rhétorès Finance, the vehicle will combine primary and secondary investments, with monthly subscriptions and quarterly redemptions.
The newly registered tender offer fund will primarily target mid- to late-stage private tech companies through primary and secondary investments.
The interval fund targets venture companies through primary and secondary investments, and currently holds stakes in Kalshi, SpaceX, Databricks, and Runway AI.
The offering provides a platform for the bank's high-net-worth clients to access Carlyle's global private equity strategies, including secondary investment opportunities.
The fund has already secured a $125 million anchor commitment from Beedie Capital following its acquisition of a 50% stake in Vistara.
Adams Street Venture & Growth Fund will allocate 60-80% of its capital to secondary investments.
