Commitments More than Double Capital Raised for Inaugural Secondaries Fund in 2016
Wilton, CT, May 7, 2019 – Commonfund Capital today announced the closing of its second secondaries fund, Commonfund Capital Secondary Partners II.
The fund closed with $450 million of capital commitments sourced from investors including endowments, foundations, pension plans, insurance pools and family offices, more than doubling the $170 million committed to Commonfund Capital Secondary Partners I in 2016.
“We are pleased to have received such a strong response from limited partners for our latest secondaries fund,” said Cari Lodge, Commonfund Capital Managing Director and Head of Secondaries. “With the size of the private capital secondaries market more than tripling since 2008, this fund presents our clients with a unique opportunity to further diversify their allocation within private capital.”