Clipway Secondary Fund I focuses on LP-led secondary transactions in North American and Western European buyout funds.
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 firm has appointed Loïc Beaumont as Head of Private Equity to lead the initiative that targets LP-led secondary positions in European buyout funds.
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.
The Norwegian manager's latest €445 million hybrid investment vehicle is already 70% deployed, SecondaryLink has learned.
The portfolio sale transferred nearly 80 globally diversified PE, VC, and equity co-investment interests into MetLife's third institutional private equity fund.
The manager's debut vehicle, which closed in December, primarily targets secondary LP interests across special situations credit, direct lending, and infrastructure-like private equity.
The 2023 predecessor vehicle, LP Secondaries I, raised $1 billion in capital commitments, according to SecLink Data.
