Since its inception in 2018, the Capital Constellation platform has made strategic investments in 29 alternative asset managers.
In July, the firm closed its debut program targeting the strategy with more than $5.5 billion in capital commitments.
SecondaryLink provides exclusive details on the fund's investment strategy, institutional backing, and other details.
The strategy will target both GP-led and LP-led transactions, with an emphasis on secured exposure to asset-backed businesses.
Fund Launch Partners Fund II, which held its first close at $30 million, focuses on smaller and emerging managers at the earliest stages of firm formation.
The oversubscribed fund is the largest investment vehicle raised for Wafra's Capital Constellation platform, which targets minority investments in next-gen alternative asset managers.
Arctos Keystone Partners Fund I, which exceeded its $4 billion target, provides growth capital and financing to leading alternative asset managers.
Pantheon Global Infrastructure Fund V, which has no hard cap and is yet to announce a final close, continues to attract institutional capital.
Blue Owl GP Stakes VI, which has raised approximately $10 billion, is expected to hold a final close this year.
With over $6 billion in AUM, Gallatin is a private investment firm focused on structured investments in financial services businesses.
