As part of its broader mandate the fund will reportedly serve as a national-level secondary vehicle, acquiring company stakes to provide strategic industries with patient capital.
The multi-strategy investment firm is reportedly considering a $350-400 million CV for four portfolio companies.
The alternative asset manager, which has begun the process of listing in India, is reportedly targeting $131 million for the strategy.
The Vantage Private Equity Secondaries Opportunities Fund makes LP-led and GP-led acquisitions, as well as co-investments, across the Australian and New Zealand private equity market.
This will be the first of several planned vehicles aimed at advancing secondary market activity, primarily in the Japanese market.
The Seoul-based financial services firm provides brokerage, trading, investment banking, asset management, and advisory services.
Shinhan Innovation BDC No. 1 will invest at least 60% of its assets in "innovative companies" and LP-led secondary transactions.
RGCM Fund 1, which targets venture-backed company directs, attracted investments from several institutional LPs including Japan Investment Corporation.
The Category II AIF targets pre-IPO and secondary market opportunities in India.
The government-backed JIC seeks to foster growth opportunities in the Japan's startup ecosystem by limiting forced IPOs.
