The Euronext Amsterdam-listed manager is also preparing to launch two additional products focused on credit and 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 firm has appointed Loïc Beaumont as Head of Private Equity to lead the initiative that targets LP-led secondary positions in European buyout funds.
Secondary Opportunities Fund VI will target buyout fund investments in the private equity secondaries middle market.
StepStone Secondaries Infrastructure Fund is approximately 50% deployed across LP-interest and GP-led transactions.
CVC Secondary Opportunities Fund VI, which has already surpassed its $7 billion target, is aiming for a final close in Q3.
Following Coller's recent acquisition by EQT, the two managers also plan to expand into real asset secondaries and develop a secondaries insurance offering.
SecondaryLink outlines the MOIC and IRR of the private equity secondaries series managed by CVC.
CVC Secondary Opportunities Fund VI, which is targeting a final close in 2026, is already 38% larger than its 2021 predecessor.
