P-BUILD will expand offerings to the US private wealth segment in a registered interval fund structure, becoming the latest addition to the firm's global evergreen platform.
HarbourVest's FTSE 250-listed trust, which has a 29% allocation to secondaries, first announced plans in April to narrow its persistent discount to NAV.
Cascade Real Assets Fund currently provides exposure to 120 properties through seven platform partners, spanning secondaries, co-investments, and seasoned primaries.
The evergreen fund targets the energy, digital infrastructure, and transport sectors mainly through direct deals, complemented by secondaries and co-investments.
Pantheon Global Infrastructure Secondaries Fund will target global opportunities across digital infrastructure, power and utilities, renewables, transport, and social infrastructure.
Sun Life has committed $150 million in seed capital to the vehicle, which invests globally across infrastructure funds, secondaries, and co-investments.
One of which, Hamilton Lane Private Secondary Fund, raised its investment capacity by $500 million and saw its NAV climb 1.6x QoQ to $409 million as of March.
The recently registered interval fund, sub-advised by GCM Grosvenor, will target real asset investments through secondary, primary, co-investment, and listed transactions.
He brings almost a decade of experience at Partners Group, investing across private real estate, including secondaries.
The evergreen vehicle provides exposure to KKR's infrastructure platform through direct, secondary, and primary investments.
