The €120 million vehicle is backed by anchor investor CommonWealth Investments, alongside Blue Earth Capital and Swisscanto.
The strategy is reportedly targeting $1 billion, three years after General Atlantic took a minority stake in Clipway.
Founded in 2000, Saints Capital specializes in venture secondaries with a focus on GP-led transactions.
Founded in 2007, PennantPark is a mid-market-focused private credit manager with around $10 billion in AUM.
The alternative asset manager, which has begun the process of listing in India, is reportedly targeting $131 million for the strategy.
The recently registered interval fund, sub-advised by GCM Grosvenor, will target real asset investments through secondary, primary, co-investment, and listed transactions.
The Euronext Amsterdam-listed manager is also preparing to launch two additional products focused on credit and infrastructure secondaries.
The vehicle is targeting interval fund deals, while also reviewing feeder fund portfolios, a source told SecondaryLink.
In December 2025, Bridgepoint agreed to add the US-based mid-market secondaries specialist Newbury in a funded lift-out.
The newly launched firm provides liquidity solutions for energy and infrastructure sponsors and management teams.
