Commonfund wraps up its fourth secondaries fund at $1.1bn
Commonfund Capital Secondary Partners IV, L.P. significantly exceeded its $750 million target and closed on over $1.22 billion.
Source: opalesque.com
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Commonfund Capital Secondary Partners IV, L.P. significantly exceeded its $750 million target and closed on over $1.22 billion.
The fund closed at $1.1 billion, exceeding its $750 million target.
About half of investors were estimated to be first-time sellers last year, says Jefferies.
“One isn’t cannibalizing the other,” said Jared Barlow, partner at Kline Hill.
Underperformance is no longer the main driver, says Commonfund Capital’s Cari Lodge.