Private Equity Continuation Solutions focuses on single-asset CVs primarily across North America and Europe.
The firm also expects to hold a first close for its tenth real estate secondaries strategy by year-end at more than 50% of its initial $2.5 billion target.
The strategy, anchored by a Korean institutional investor, has adopted an evergreen semi-liquid structure aimed at capturing emerging credit secondary opportunities throughout the cycle.
The London-based manager is reportedly expanding its secondaries platform following a record $6.4 billion flagship close in July.
Following the establishment of a dedicated GP-led secondaries team earlier this year, the London-based firm has reportedly secured around €1 billion at first close.
TPG GP Solutions II, which held a first close last year, had raised over $1.7 billion in capital commitments as of June.
The strategy will focus on single-asset continuation vehicles alongside existing sponsor relationships.
Founded in 2000, Saints Capital specializes in venture secondaries with a focus on GP-led transactions.
The Sydney-based manager has launched its inaugural fund, targeting investments across five AI growth vectors.
"We believe this segment will remain a meaningful driver of activity and deployment for our secondary platform going forward," said Co-CEO Erik R. Hirsch.
