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Founded in 2000, Saints Capital specializes in venture secondaries with a focus on GP-led transactions.
The recently registered interval fund, sub-advised by GCM Grosvenor, will target real asset investments through secondary, primary, co-investment, and listed transactions.
Its 2024 predecessor set the record for the strategy after closing with $3.3 billion in capital commitments.
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 real assets specialist is targeting $3 billion for its latest vintage, which will pursue a combination of GP-led and LP-led transactions.
Its predecessor, Landmark Real Estate Fund IX, closed with $3.3 billion in capital commitments in 2023.
The oversubscribed vehicle brings cumulative capital raised across the real estate manager's secondaries platform to $500 million.
The partnership will focus on direct real estate assets, secondaries, and investments in operating platforms across Europe.
The oversubscribed vehicle exceeded its initial target by 30% and secured additional co-investment capital.