The fund's oversubscribed predecessor closed in 2022 with $4.9 billion in capital commitments.
The inaugural North Haven Growth & Innovation Fund provides flexible capital across primary and secondary transactions, including company-led liquidity solutions.
The firm is seeking $20 billion for its twelfth secondary flagship, with a final close expected in December 2027.
SecondaryLink outlines the returns of several Neuberger Berman-managed secondary funds.
The firm launched a dedicated credit secondary strategy around this time last year and has reportedly deployed around $500 million across five deals.
Industry Ventures Secondary XI is the first fund launched since Goldman Sachs acquired the San Francisco-based manager last year.
The second vintage of the secondary strategy has reached half of its €500 million target, and the programme has completed five investments across GP- and LP-led transactions.
Ibex Secondary II has attracted 150+ investors, raising nearly twice the $40 million secured by its 2024 predecessor.
TrueBridge Secondaries II will invest in venture funds and direct secondary transactions involving venture-backed companies.
The firm has appointed Loïc Beaumont as Head of Private Equity to lead the initiative that targets LP-led secondary positions in European buyout funds.
