AlpInvest amasses $6.5bn

The global private equity investor exceeds target set for sixth secondaries programme.

AlpInvest Partners has closed its sixth dedicated secondaries investment programme on $6.5 billion, surpassing its original target of $6 billion. AlpInvest Secondaries Program VI (ASP VI) includes a $3.3 billion commingled fund – AlpInvest Secondaries Fund VI – and $3.2 billion of separately managed accounts. The vehicle acquires interests in private equity and energy funds.

The investor base for ASP VI consists of around 90 new and existing investors, including pension funds, sovereign wealth funds, foundations, asset managers and family offices.