Just closed: Unigestion gathers €177m

The boutique asset manager continues to focus on the smaller end of the secondary market.

Unigestion Secondaries Opportunities IV (USO IV) has held a first close, raising €177 million towards its target of €300 million. The fund will continue to invest in the smaller end of the secondary market, focusing on small and mid-market funds, fund restructurings, secondary direct portfolios and structured transactions.

The previous vehicle in the series, USO III, received commitments from investors including Clwyd Pension Fund.