CMERS previously committed $100 million to its last vintage (2021), $29 million of which has been paid-in.
SecondaryLink outlines the returns of several Neuberger Berman-managed secondary funds.
Industry Ventures Secondary XI is the first fund launched since Goldman Sachs acquired the San Francisco-based manager last year.
In July, the firm closed its debut program targeting the strategy with more than $5.5 billion in capital commitments.
SecondaryLink provides exclusive details on the fund's investment strategy, institutional backing, and other details.
The strategy will target both GP-led and LP-led transactions, with an emphasis on secured exposure to asset-backed businesses.
Pantheon Global Infrastructure Fund V, which has no hard cap and is yet to announce a final close, continues to attract institutional capital.
Its predecessor, Landmark Real Estate Fund IX, closed with $3.3 billion in capital commitments in 2023.
Since its inception in 2018, the Capital Constellation platform has made strategic investments in 29 alternative asset managers.
The fund's oversubscribed predecessor closed in 2022 with $4.9 billion in capital commitments.
