Northleaf raises $255 mln for PE secondaries, as LPs flock to asset sales
Canadian private markets investor Northleaf Capital Partners has wrapped up a new fund earmarked for opportunities in the global private equity secondary market, peHUB Canada has learned. Northleaf Secondary Partners, launched in 2013, has raised a total of US$255 million. That’s 27% above the US$200 million target set for it. Northleaf managing director Jeff Pentland said he believes the fund exceeded expectations because of the powerful forces that are currently driving secondary buying and selling worldwide, as well as the firm’s 11-year track record of investing in the space.
20 May 2014•4 mins read
