Want to read more?
Already have an account? Log InThe 2023 predecessor vehicle, LP Secondaries I, raised $1 billion in capital commitments, according to SecLink Data.
In July, the firm closed its debut program targeting the strategy with more than $5.5 billion in capital commitments.
The portfolio sale transferred nearly 80 globally diversified PE, VC, and equity co-investment interests into MetLife's third institutional private equity fund.
Cox Capital Retail Secondaries Fund I is currently running cash tender offers for five non-traded BDCs managed by Blue Owl, Ares, Apollo, and BlackRock.
Builders Vision, iAlumbra Capital, and Sonen Capital have joined the investor base as the fund continues deploying capital.
The Euronext Amsterdam-listed manager is also preparing to launch two additional products focused on credit and infrastructure secondaries.
The manager's debut vehicle, which closed in December, primarily targets secondary LP interests across special situations credit, direct lending, and infrastructure-like private equity.
The vehicle is targeting interval fund deals, while also reviewing feeder fund portfolios, a source told SecondaryLink.
Clipway Secondary Fund I focuses on LP-led secondary transactions in North American and Western European buyout funds.
SecondaryLink outlines the MOIC, IRR, and DPI of several ICG-managed secondary funds.