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.
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