Founded in 2000, Saints Capital specializes in venture secondaries with a focus on GP-led transactions.
The strategy will focus on single-asset continuation vehicles alongside existing sponsor relationships.
The inaugural North Haven Growth & Innovation Fund provides flexible capital across primary and secondary transactions, including company-led liquidity solutions.
The strategy is reportedly targeting $1 billion, three years after General Atlantic took a minority stake in Clipway.
The alternative asset manager, which has begun the process of listing in India, is reportedly targeting $131 million for the strategy.
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.
