Fundraising

As growth gets muted, and LPs pull back on their commitment pacing, certain strategies may be out of favor.

The fund of funds platform, which includes commitments to venture funds as well as private credit, continues to operate.

The collapse of the bank has infused the market with uncertainty around the bank’s subscription line of credit business.

Managers with new funds are in a difficult fundraising environment as many LPs are overallocated to private equity.

The firm is among a handful of larger managers seeking capital in the stubbornly sluggish fundraising market this year.

LP capacity constraints and macro challenges made a sizeable dent in capital raising last year, but secondaries funds still managed to exceed 2018 and 2019’s total hauls.

Traveller Capital Partners IV's limited partners include RIAs, family offices and sophisticated high-net worth investors.

The software-focused growth equity manager says its exits are primarily to other PE funds.

Second Alpha is focused on secondary and secondary-linked direct investments in growth-equity stage companies.

Greater flexibility in co-investment deals is proving to be attractive in an uncertain market.