Managed by Fundcraft France and initially distributed exclusively by Rhétorès Finance, the vehicle will combine primary and secondary investments, with monthly subscriptions and quarterly redemptions.
Neuberger Private Markets Access Fund, a $2.5 billion tender offer fund targeting small- and mid-cap companies, allocated 17% of its capital to GP-led secondaries as of June.
The interval fund targets venture companies through primary and secondary investments, and currently holds stakes in Kalshi, SpaceX, Databricks, and Runway AI.
The offering provides a platform for the bank's high-net-worth clients to access Carlyle's global private equity strategies, including secondary investment opportunities.
The Forge-managed interval fund will target late-stage growth companies represented in the Forge Accuidity Private Market Index, mainly through secondaries.