"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.
The €120 million vehicle is backed by anchor investor CommonWealth Investments, alongside Blue Earth Capital and Swisscanto.
StepStone Secondaries Infrastructure Fund is approximately 50% deployed across LP-interest and GP-led transactions.
Founded in 2000, Saints Capital specializes in venture secondaries with a focus on GP-led transactions.
Founded in 2007, PennantPark is a mid-market-focused private credit manager with around $10 billion in AUM.
The alternative asset manager, which has begun the process of listing in India, is reportedly targeting $131 million for the strategy.
The 2025 SecLink Awards winner has returned $4.6 billion of capital to investors through five strip sales over the past two years.
The Sydney-based manager has launched its inaugural fund, targeting investments across five AI growth vectors.
Private Equity Continuation Solutions focuses on single-asset CVs primarily across North America and Europe.
March PE Secundarios I, which has a target size of €60 million, will focus on GP-leds and direct minority co-investments.
