The Global PE Secondaries Access Fund will provide Baltic investors with exposure to the secondary market by fully allocating to an Adams Street-managed vehicle.
HarbourVest's FTSE 250-listed trust, which has a 29% allocation to secondaries, first announced plans in April to narrow its persistent discount to NAV.
Stableton will contribute its secondary market expertise, while Mnaara provides a Shariah-compliant investment methodology to target the 15 largest private tech unicorns in developed markets.
The jointly developed product gives wealth investors access to ICG's private equity LP secondaries strategy spanning North America and Europe.
Openstone Infraworld will initially target four funds managed by Macquarie, Partners Group, and Ares, including strategies focused on infrastructure secondaries.
The evergreen fund targets the energy, digital infrastructure, and transport sectors mainly through direct deals, complemented by secondaries and co-investments.
The London-based startup aims to address private credit's fund-level liquidity, which remains constrained by available cash and redemption terms.
The partnership will also develop products for wealth investors, beginning with an evergreen private equity secondaries fund expected in the coming weeks.
The Global PE Secondaries Access Fund's assets will be allocated exclusively to Adams Street Partners' secondaries platform.
SecondaryLink outlines the IRR and MOIC of the private equity secondaries series managed by Adams Street Partners.
