The GP stakes specialist raised $4.3 billion for the inaugural vintages of its NAV lending and preferred solutions strategies.
StepStone Secondaries Infrastructure Fund is approximately 50% deployed across LP-interest and GP-led transactions.
Founded in 2000, Saints Capital specializes in venture secondaries with a focus on GP-led transactions.
Founded in 2007, PennantPark is a mid-market-focused private credit manager with around $10 billion in AUM.
The alternative asset manager, which has begun the process of listing in India, is reportedly targeting $131 million for the strategy.
The manager plans to be in the market with a fund from each of its flagship series, including secondaries and fund finance, within the next 24 months.
The Euronext Amsterdam-listed manager is also preparing to launch two additional products focused on credit and infrastructure secondaries.
The vehicle is targeting interval fund deals, while also reviewing feeder fund portfolios, a source told SecondaryLink.
In December 2025, Bridgepoint agreed to add the US-based mid-market secondaries specialist Newbury in a funded lift-out.
The oversubscribed vehicle will make sub-€20 million investments exclusively in European VC funds.
