Silas Sloan
One of the assets involved was being mulled for a separate CV managed Carlyle in a process that has since been dropped, Secondaries Investor understands.
Last year saw 70 continuation vehicles close, with scores more hitting the market, according to data gathered by Secondaries Investor.
Rising acceptance of continuation funds could drive further growth in the GP-led space, industry participants said at PEI Group’s NEXUS 2025 event in Orlando last week.
The firm hopes to surpass the size of its previous secondaries flagship, which closed on $22.2bn in 2023.