Chart of the week: Secondaries strong in 2016

 After a dip in 2015, secondaries fundraising is resurgent.

 411

Click here for a larger version.


Secondaries are seeing a strong 2016 with fundraising already exceeding the total raised for the whole of last year and well on the way to matching 2014’s record high.

Ardian, a secondaries giant, has raised more than $30 billion across four vehicles since 2010 and its Secondary Fund VII was the largest to close this year at $14 billion.

Vehicles on the road include Blackstone Strategic Partners’ Fund VII, currently the largest secondaries fund in market, which has already smashed its $5.75 billion target by $800 million.

Meanwhile, Goldman Sachs Asset Management’s Vintage VII fund, trailing slightly with a target of $5 billion, has accumulated $3 billion since its launch in May, so expect 2016 to beat two years ago.