The Roc Summit Private Equity Fund will allocate 30% of its portfolio to secondary 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.
We examine the Q2 capital flows, investment activity, and performance of the Bow River Advisers-managed interval fund.
The Vantage Private Equity Secondaries Opportunities Fund makes LP-led and GP-led acquisitions, as well as co-investments, across the Australian and New Zealand private equity market.
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 increase was driven by continued strength in the firm's evergreen strategies, notably in AlpInvest and asset-backed finance, according to CFO Justin Plouffe.
The fund has already secured a $125 million anchor commitment from Beedie Capital following its acquisition of a 50% stake in Vistara.
Partners Group's decision to impose a 5% redemption cap on its $9 billion private equity SICAV has erased more than 16% of the firm's market value in a single day.
The Dutch investment manager is expanding into GP stakes investing while also developing a dedicated open-ended strategy for managing secondary investments.
Adams Street Venture & Growth Fund will allocate 60-80% of its capital to secondary investments.
