Founded in 2000, Saints Capital specializes in venture secondaries with a focus on GP-led transactions.
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 oversubscribed vehicle will make sub-€20 million investments exclusively in European VC funds.
The Sydney-based manager has launched its inaugural fund, targeting investments across five AI growth vectors.
This will be the first of several planned vehicles aimed at advancing secondary market activity, primarily in the Japanese market.
"We believe this segment will remain a meaningful driver of activity and deployment for our secondary platform going forward," said Co-CEO Erik R. Hirsch.
The Seoul-based financial services firm provides brokerage, trading, investment banking, asset management, and advisory services.
RGCM Fund 1, which targets venture-backed company directs, attracted investments from several institutional LPs including Japan Investment Corporation.
Private Equity Continuation Solutions focuses on single-asset CVs primarily across North America and Europe.
March PE Secundarios I, which has a target size of €60 million, will focus on GP-leds and direct minority co-investments.
