The oversubscribed fund will target technology investments through direct secondaries.
The firm held the final close of its debut infrastructure secondaries fund during the quarter, reaching its $1.5 billion hard cap and marking StepStone's largest inaugural fundraise to date.
Founded in 2014, Sanar provides medical education and training for students and healthcare professionals across Brazil.
The mandate covers LP-led and direct transactions alongside SME acquisitions, with up to three managers eligible for commitments.
The reported capital pool forms part of the firm's broader $920 million fundraise across its venture investment strategies.
Nimble Partners Opportunities Fund III is targeting $200 million in capital commitments, SecondaryLink has learned.
TrueBridge Secondaries II will invest in venture funds and direct secondary transactions involving venture-backed companies.
Avendus Future Leaders Fund III, which is already 30% deployed, has invested ~$15 million in Parag Parikh Financial Advisory Services via secondary.
The Sydney-based manager has launched its inaugural fund, targeting investments across five AI growth vectors.
Key Capital's debut fund, which targets positions in tech companies through off-cap-table transactions, has already completed two transactions to date.
