Dover Street XII is targeting $20 billion in capital commitments, with a final close expected in December 2027.
SecondaryLink outlines the TVPI and IRR of the private equity secondaries series managed by HarbourVest Partners.
The fund's predecessor, Strategic Partners Real Estate VIII, closed with $2.6 billion in capital commitments in 2023.
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 sequel fund has secured $150 million from a California pension and will back venture and growth managers through GP stakes, fund commitments, and co-investments.
TPG GP Solutions II, which held a first close last year, had raised over $1.7 billion in capital commitments as of June.
NorthSands Capital I targets single-asset continuation vehicles in well-known sectors, including industrials and industrial services companies.
The firm is seeking $20 billion for its twelfth secondary flagship, with a final close expected in December 2027.
SecondaryLink outlines the DPI, TVPI, and IRR of the private equity secondaries series managed by HarbourVest Partners.
Investments into Dover Street XII will be split evenly between the main vehicle and a co-investment sidecar.
