U.S., European secondary funds collect massive sums since 2015
March 21, 2016
Partners Group has announced the closing of its latest secondary investment fund on its hard cap of €2.5 billion. While certainly a hefty sum, it's surprisingly dwarfed by a handful of other recent massive secondary funds: Coller International Partners VII collected $7.15 billion in January and Lexington Capital Partners VIII closed on $10.1 billion last year—touted as the largest dedicated secondary acquisition fund ever raised. Ardian’s upcoming fund may soon up the ante, with rumors that it has raised $10 billion as it approaches a final close.