The $49 billion private equity specialist firm AlpInvest Partners announced it has raised $9 billion for the AlpInvest Secondaries Program VII, and officials added they had closed on an additional $1.2 billion in committed co-investment vehicles.
The dedicated secondaries investment program seeks to acquire positions in existing private equity funds in the secondaries market through both the acquisition of fund interests and GP-centered investments. The asset raise was from 170 new and existing investors that include pensions, sovereign wealth funds, family offices and foundations from across 45 countries.
“The secondaries market continues . . .
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