Capital Dynamics, a global private asset manager, concluded the fundraising for its Global Secondaries IV fund ("the Fund") on June 24, 2016. Total commitments to the Fund amount to USD 564 million, exceeding the fund’s initial target of USD 350 million. It represents the largest secondaries fund in the firm’s history.
The Fund offers investors an opportunity to invest in a secondary strategy focusing on smaller off-market transactions sourced on a global basis with a wide range of transaction types ranging from smaller portfolios to fund recapitalizations. The Fund has received commitments from 70 limited partners across Europe, the United States, Asia and the Middle East, representing a broad cross-section of pension plans, insurance companies, endowments, sovereign plans and family offices.