Flashpoint Direct Secondary Fund II, which is targeting $75-100 million in capital commitments, marks the firm's eighth vehicle overall.
The second vintage of the secondary strategy has reached half of its €500 million target, and the programme has completed five investments across GP- and LP-led transactions.
TrueBridge Secondaries II will invest in venture funds and direct secondary transactions involving venture-backed companies.
The firm has appointed Loïc Beaumont as Head of Private Equity to lead the initiative that targets LP-led secondary positions in European buyout funds.
The closed-end fund will invest across PE buyout and growth alongside opportunistic GP-and LP-led secondaries, with commitments starting at €5,000.
The Swiss firm's flagship semi-liquid strategy tracks the Morningstar PitchBook Unicorn 20 Index primarily through secondaries.
LTC Invest Fund V, which is targeting $250 million in size, is reportedly anchored by Founder and CEO Konstantin Sidrov and Revolut Chairman Martin Gilbert.
The oversubscribed vehicle will make sub-€20 million investments exclusively in European VC funds.
Key Capital's debut fund, which targets positions in tech companies through off-cap-table transactions, has already completed two transactions to date.
March PE Secundarios I, which has a target size of €60 million, will focus on GP-leds and direct minority co-investments.
