The vehicles, which include a top-up investment, target co-investments and secondaries.
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.
NorthSands Capital I targets single-asset continuation vehicles in well-known sectors, including industrials and industrial services companies.
The firm is seeking $20 billion for its twelfth secondary flagship, with a final close expected in December 2027.
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.
