TPG GP Solutions II, which held a first close last year, had raised over $1.7 billion in capital commitments as of June.
After closing on $1.5 billion in commitments for Hamilton Lane Infrastructure Opportunities Fund II earlier this year, the firm is expected to launch a successor in late 2026 or early 2027.
The strategy will focus on single-asset continuation vehicles alongside existing sponsor relationships.
The vehicle is targeting a first close before year-end and will focus on hard-to-access sponsor-led opportunities in small- and mid-market buyouts.
The pension's PE team has seen increasing GP adherence to ILPA guidance on continuation fund transactions.
NorthSands Capital I targets single-asset continuation vehicles in well-known sectors, including industrials and industrial services companies.
SecondaryLink outlines the IRRs and multiples for two secondaries series and continuation vehicles managed by TPG.
SecondaryLink outlines the IRRs and multiples for two secondaries series and continuation vehicles managed by TPG.
The firm recently closed its debut GP-led fund, which focuses on single-asset CVs, with over $3.6 billion in capital commitments.
SecondaryLink outlines the IRRs and multiples for two secondaries series and continuation vehicles managed by TPG.
