CVC Secondary Opportunities Fund VI, which has already surpassed its $7 billion target, is aiming for a final close in Q3.
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.
The closed-end fund will invest across PE buyout and growth alongside opportunistic GP-and LP-led secondaries, with commitments starting at €5,000.
Secondary Opportunities Fund VI will target buyout fund investments in the private equity secondaries middle market.
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.
In July, the firm closed its debut program targeting the strategy with more than $5.5 billion in capital commitments.
Builders Vision, iAlumbra Capital, and Sonen Capital have joined the investor base as the fund continues deploying capital.
The Euronext Amsterdam-listed manager is also preparing to launch two additional products focused on credit and infrastructure secondaries.
SecondaryLink outlines the MOIC and IRR of the private equity secondaries series managed by CVC.
CVC Secondary Opportunities Fund VI, which is targeting a final close in 2026, is already 38% larger than its 2021 predecessor.
