The fundraise included the $2.7 billion final close of Adams Street Global Secondary Fund 8, which exceeded its original target by 35%.
The strategy, anchored by a Korean institutional investor, has adopted an evergreen semi-liquid structure aimed at capturing emerging credit secondary opportunities throughout the cycle.
The firm's $3.1 billion in Q3 secondaries inflows were driven primarily by its tenth private equity and ninth real estate secondary funds.
Pantheon Global Secondaries Fund VIII will target LP-led and GP-led transactions across the global middle market, with a particular focus on buyout strategies.
The firm closed its second vehicle for the strategy in January, securing $1.6 billion in capital commitments at its revised hard cap.
Industry Ventures Secondary XI, which remains in the market, received a $150 million commitment from the South Carolina Retirement System in July.
StepStone VC Secondaries Fund VII has already held its first close at $1 billion, with total capital commitments having exceeded $1.3 billion in August, according to SecondaryLink Data.
The new tool makes it easier to understand fundraising and filing activity across the secondary market, including continuation vehicles, closed-end secondary funds, and evergreen secondary funds.
SecondaryLink outlines the IRR and MOIC of the private equity secondaries series managed by Adams Street Partners.
SecondaryLink outlines the IRR and MOIC of the private equity secondaries series managed by Adams Street Partners.
