Secondaries
63 stories covering secondaries — fund closes, LP allocations, regulatory filings, deal flow, and fundraising signals from PipelineRoad's editorial team.
Partners Group explores €800m private credit continuation vehicle
Partners Group is considering a roughly €800m continuation vehicle to extend holdings in private credit loans, according to Private Equity Wire, citing a Bloomberg report.
Korea Investment Corp explores sale of more than $1bn in private equity stakes
South Korea’s sovereign wealth fund KIC is exploring a potential secondary sale of private equity investments worth more than $1bn, with PJT Partners advising, according to Private Equity Wire.
HarbourVest secures $2.4bn in initial commitments for private credit secondaries strategy
HarbourVest Partners has secured $2.4bn in initial capital commitments for a new private credit secondary strategy, according to Private Equity Wire.
Carrick Capital Partners’ first continuation vehicle priced at $600m, co-CEO says
Carrick Capital Partners’ co-CEO Jim Madden said about 20% of Fund II LPs rolled equity into the firm’s first $600m continuation vehicle.
Venture Capital Journal examines continuation vehicles as a tool for VC liquidity
Venture Capital Journal reports on continuation vehicles, which can let VCs retain a prized asset while providing investor liquidity.
StepStone VC Secondaries Fund VII-I Files D/A on 2026-09-01
StepStone VC Secondaries Fund VII-I (Cayman) LP submitted a Form D/A filing under Investment Company Act Section 3(c)(7).
StepStone VC Secondaries Fund VII LP Files D/A with SEC
StepStone VC Secondaries Fund VII LP submitted a D/A filing on 2026-09-01 under Investment Company Act Section 3(c)(7).
StepStone VC Secondaries Fund VII (Cayman) LP Files D/A
StepStone VC Secondaries Fund VII (Cayman) LP submitted a D/A filing on 2026-09-01 under Section 3(c)(7) of the Investment Company Act.
StepStone VC Secondaries Fund VII LP Files D/A on 2026-09-01
StepStone VC Secondaries Fund VII LP submits D/A filing claiming Section 3(c)(7) exemption under the Investment Company Act.
StepStone VC Secondaries Fund VII-I Files D/A Amendment
StepStone VC Secondaries Fund VII-I (Cayman) LP submitted a D/A filing on 2026-09-01 under Investment Company Act Section 3(c)(7).
IMCO names Ana Elia head of private equity; program entering “more mature phase”
Ana Elia, promoted to head of private equity at IMCO in 2024, said the PE program is entering a more mature phase after more than five years of outsized growth.
Private Credit Managers Shift Beyond Direct Lending Amid Slowing Fundraising
Non-traded BDCs raised $2bn in Q2, down 82% YoY, as $23bn in withdrawals hit private credit funds and managers expand into secondaries and AI lending.
Private Credit Managers Shift Beyond Direct Lending as Fundraising Slows
Non-traded BDCs raised $2bn in Q2 amid $23bn in withdrawal requests and reduced loan originations, prompting diversification into secondaries and AI-related lending.
Jefferies Credit Partners Targets €1bn for Private Credit Secondaries Vehicle
Jefferies Credit Partners targets €1bn for a continuation fund vehicle focused on private credit secondaries and new loan origination.
StepStone VC Secondaries Fund VII-K LP Files D/A With SEC
StepStone VC Secondaries Fund VII-K LP submitted a D/A filing on 2026-07-10 under Investment Company Act Section 3(c)(7).
StepStone VC Secondaries Fund VII ND LP Files D/A with SEC
StepStone VC Secondaries Fund VII ND LP submitted a D/A filing under Investment Company Act Section 3(c)(7) on July 10, 2026.
StepStone VC Secondaries Fund VII ND (Cayman) LP Files D/A With SEC
StepStone VC Secondaries Fund VII ND (Cayman) LP submitted a D/A filing on 2026-07-10 under Investment Company Act Section 3(c)(7).
Melange Secondaries Partners II Files D/A on July 7 2026
Melange Secondaries Partners II LP submitted a D/A filing under Investment Company Act Section 3(c)(7) on July 7 2026.
Blackstone’s Secondaries Business Surpasses $100bn AUM
Blackstone Inc's secondaries arm reached over $100bn in assets under management in the first quarter, highlighting growth in the secondaries market.
Blackstone’s Secondaries Arm Surpasses $100bn AUM
Blackstone Inc's secondaries business crossed $100bn in assets under management in the first quarter, according to a report.
Blackstone's Secondaries Arm Reaches $100bn AUM
Blackstone's secondaries business surpassed $100bn in assets under management in the first quarter, highlighting its growth in the private equity secondary market.
Ensemble Continuation Fund LLC Files SEC Document for Series Saronic III
Ensemble Continuation Fund LLC - Series Saronic III filed a SEC EDGAR document on April 13, 2026, including Item 3C related to Section 3(c)(7) of the Investment Company Act.
Dawson Partners to Launch New Flagship Credit Fund After $7.7bn Close
Toronto-based private credit manager Dawson Partners prepares a new flagship fund mid-year, following the $7.7bn close of its predecessor, according to Private Equity Wire.
Mercer Raises $3.8 Billion for Latest Private Markets Fund
Mercer, part of Marsh & McLennan Cos, has closed its Private Investment Partners VIII fund at over $3.8 billion, attracting diverse global investors for multi-asset private markets exposure.
Mercer Raises $3.8 Billion for Private Investment Partners VIII Fund
Mercer has secured over $3.8 billion for its latest private markets fund, attracting commitments from global institutional investors amid strong demand for diversified strategies.
Mercer Raises $3.8bn for Latest Private Markets Fund
Mercer, part of Marsh & McLennan Cos, has raised over $3.8 billion for its eighth private investment fund, attracting commitments from global institutional investors.
Orchard Co-Founder Sees Fourfold Growth in Continuation Vehicle Market
Scott Pasquini predicts the continuation vehicle market could expand four times its current size as GPs seek to escape closed-end fund timelines.
Orchard Co-Founder Predicts Fourfold Growth in Continuation Vehicle Market
Scott Pasquini of Orchard expects the continuation vehicle market to expand up to four times amid GPs' efforts to bypass closed-end fund timelines, per Buyouts Insider.
Private Equity Fundraising Reaches $152 Billion in Q1 2026
Private equity funds raised $152 billion in the first quarter of 2026, marking a 14% increase from the previous year, according to PEI Group data.
Netley Capital Increases Deployable Capital to $825 Million
Netley Capital expands its tertiaries franchise by securing additional capital, reflecting growing investor demand in the secondary market.
Netley Capital Secures Additional Capital for Tertiaries Franchise
Netley Capital has increased its deployable capital to $825m from $315m since September 2025 launch, amid rising investor demand for secondary market solutions.
Democratisation and Secondaries Pressure Private Equity Infrastructure
Private equity exits and dealmaking lag M&A activity, straining secondaries amid democratisation and AI adoption, according to Private Equity Wire.
Private Equity Secondaries Face Infrastructure Pressure Amid Lagging Deals
Private equity exits and dealmaking lag wider M&A activity, increasing pressure on secondary market infrastructure as democratisation expands investor access.
Healthcare-Focused PE Firm Linden Considers Secondaries Strategy
Chicago-based private equity firm Linden is exploring a secondaries strategy as more buyout firms enter this market, according to recent reports.
Linden PE Firm Mulls Secondaries Strategy in Healthcare
Chicago-based healthcare-focused PE firm Linden is considering entering the secondaries market, joining other buyout firms.
Lead Edge's Seventh Fund to Explore Secondaries Strategies Amid AI Shifts
Growth investor Lead Edge plans for its seventh fund to invest in various secondaries strategies, as reported in a recent article.
Lead Edge's Seventh Fund to Tap Secondaries Amid AI Shifts
Growth investor Lead Edge's seventh fund may invest in various secondaries strategies as AI influences the market, according to a recent report.
Carlyle's Deal Advances Structured Solutions for GPs
A live deal by Carlyle is elevating structured solutions in fundraising and liquidity for general partners, according to a Buyouts Insider report.
Carlyle's Live Deal Advances Structured Solutions for Fundraising
A Carlyle deal is taking structured solutions to a new level for general partners' fundraising and liquidity paths, as reported by Buyouts Insider.
Family Offices Concerned Over Rise of Zombie Funds
Stonehage Fleming and GreenBear Group advocate for quick wind-up of aging funds to avoid valuation issues, as per Buyouts Insider.
Family Offices Outline Concerns Over Rise of Zombie Funds
Stonehage Fleming and GreenBear Group express worries about aging funds, urging quick wind-ups to avoid valuation issues, according to Buyouts Insider.
University of California Sells $3bn LP Portfolio in Secondaries Market
The University of California is seeking to sell its $3bn LP portfolio in the secondaries market, marking another instance of liquidity pursuit.
University of California Shops $3bn LP Portfolio for Sale
The University of California is seeking to sell a $3bn limited partner portfolio, marking another entry into the secondaries market.
University of California Shops $3bn LP Portfolio in Major Sale
The University of California is selling a $3 billion limited partner portfolio in the secondaries market, marking its latest effort to seek liquidity.
Private Equity Wire Releases Report on Secondaries in 2026
Private Equity Wire and SS&C produce a report exploring secondaries as a tool for liquidity control in private markets, according to their March 2026 publication.
Private Equity Wire's Report on Secondaries in 2026
A report by Private Equity Wire and SS&C explores secondaries as a tool for liquidity control in private markets, set for March 2026.
TPG Hires Senior Executive to Re-establish Japan PE Presence
TPG is expanding its operations in Japan through a senior hire aimed at re-establishing its private equity presence, including TPG NewQuest's first Japan-based secondaries executive.
TPG Makes Senior Hire to Re-establish Japan PE Presence
TPG is expanding its operations in Japan through a senior hire as part of a broader multi-asset strategy, according to Buyouts Insider.
TPG Seeks to Re-establish Japan PE Presence with Senior Hire
TPG is hiring a senior executive to re-enter Japan's private equity market as part of a broader multi-asset expansion strategy.
HighVista Appoints Head for Private Equity Secondaries Strategy
HighVista Strategies hires Raudel Yanez as managing director to lead its GP-led secondaries efforts in the lower mid-market.
