Silas Sloan
Record activity in the secondaries market has led to a surge in semi-liquid vehicles.
LPs are on the lookout for status quo options when it comes to secondaries funds.
The office is the firm's 10th globally and will initially focus on investor relations functions.
Vitruvian Investment Partnership V is already 25% invested, according to details shared with Private Equity International.
Average bids for second-hand stakes in private debt funds rose to their highest point since at least 2017 in H1 2024.
A recent study shows an increase in buyside firms looking at venture capital secondaries.
According to mid-year advisory reports, the market is looking at a potentially record-breaking finish to 2024.
While H1 2024 did not see a large-scale fund close, several vehicles with hefty targets remain in market.
Details of Thoma Bravo Fund XVI and the returns of its predecessors have been disclosed in US pension materials.