Two funds and one SMA dedicated to secondaries received $1.16 billion in cumulative commitments.
The Scooter's Coffee continuation vehicle offered existing investors an exit at a premium to the reference-date valuation.
TPG GP Solutions II, which held a first close last year, had raised over $1.7 billion in capital commitments as of June.
The pension's PE team has seen increasing GP adherence to ILPA guidance on continuation fund transactions.
NorthSands Capital I targets single-asset continuation vehicles in well-known sectors, including industrials and industrial services companies.
An institutional LP is considering rolling approximately $300 million of existing exposure across two funds into the new vehicle, after participating in the manager's European CV earlier this year.
The single-asset continuation fund was reportedly backed by the California Public Employees' Retirement System, Partners Capital, and Caltech.
SecondaryLink outlines the IRRs and multiples for two secondaries series and continuation vehicles managed by TPG.
SecondaryLink outlines the IRRs and multiples for two secondaries series and continuation vehicles managed by TPG.
SecondaryLink outlines the IRRs and multiples for two secondaries series and continuation vehicles managed by TPG.
