The New York-based alternative asset manager is approaching the final close of the series' first vintage.
The alternatives manager also gave updates on the fundraising status of several other secondaries strategies spanning private equity, GP-leds, venture capital, and infrastructure.
The 2025 SecLink Awards winner has returned $4.6 billion of capital to investors through five strip sales over the past two years.
The firm's second dedicated fund for the strategy exceeded its $1 billion target, bringing total single-asset CV investment capacity across its secondaries platform to $7 billion.
The vehicle aims to build a portfolio of around 15 middle-market companies, primarily in Europe, through GP-led secondary strategies and direct minority co-investments.
The Sydney-based manager has launched its inaugural fund, targeting investments across five AI growth vectors.
"We believe this segment will remain a meaningful driver of activity and deployment for our secondary platform going forward," said Co-CEO Erik R. Hirsch.
The London-based manager has shelved plans for the strategy's mid-market version, to avoid overlap with the upcoming large-cap vehicle.
The milestone coincided with the first close of the firm's inaugural GP-led fund, securing $200 million in capital commitments.
"Sponsors are looking for long-term, aligned capital to support high-conviction assets, and BOSE is designed to meet that demand at scale," said Doug Ostrover and Marc Lipschultz, Co-CEOs of Blue Owl.
