CMERS previously committed $100 million to its last vintage (2021), $29 million of which has been paid-in.
The strategy's oversubscribed predecessor closed in 2022 with $4.9 billion in capital commitments.
The Texas-based alternative investment manager specializes in private credit, with strategies spanning direct lending, portfolio finance, and capital solutions.
Blackstone Strategic Partners X has secured approximately 73% of its $22 billion target.
The fund's predecessor, Strategic Partners Real Estate VIII, closed with $2.6 billion in capital commitments in 2023.
The strategy, anchored by a Korean institutional investor, has adopted an evergreen semi-liquid structure aimed at capturing emerging credit secondary opportunities throughout the cycle.
The sequel fund has secured $150 million from a California pension and will back venture and growth managers through GP stakes, fund commitments, and co-investments.
TPG GP Solutions II, which held a first close last year, had raised over $1.7 billion in capital commitments as of June.
Ares Real Estate Secondaries X will invest across LP-led portfolio sales, GP-led transactions, and structured secondary deals.
SecondaryLink outlines the returns of several Neuberger Berman-managed secondary funds.
