At a glance
- The filing does not state a target size, committed capital, expected first close or strategy beyond that classification.
- StepStone's sixth private equity secondaries fund has raised more than $3.1bn toward a $6bn target, AltAssets reported on Oct. 14, citing amended US regulatory filings.
- Hg's debut GP-led secondaries fund reached a first close of about €1bn against a €1.75bn target, also per AltAssets.
Ares filed a Form D with the SEC on Oct. 14 for Ares Secondaries Acquisition Vehicle 23 Stegosaurus LP, disclosing no total offering amount and reporting $0 sold to date.
The Ares notice lists four related persons: Ares Global Structured Solutions Management LP, Ares Global Structured Solutions LLC, Matthew Jill and Nathan Walton. It classifies the issuer as an "Other Investment Fund" within the pooled investment fund industry group. The filing does not state a target size, committed capital, expected first close or strategy beyond that classification.
StepStone's sixth private equity secondaries fund has raised more than $3.1bn toward a $6bn target, AltAssets reported on Oct. 14, citing amended US regulatory filings. Hg's debut GP-led secondaries fund reached a first close of about €1bn against a €1.75bn target, also per AltAssets.
Reported by the Fundraising desk from SEC EDGAR and AltAssets. Published . Corrections