Carlyle AlpInvest has completed the final close of its second dedicated single-asset continuation vehicle fund, raising $1.7bn and exceeding its original $1bn target, as investor appetite for GP-led secondaries strategies continues to grow.
The fund, AlpInvest Atom Fund II, closed at its hard cap and increases Carlyle AlpInvest’s total investment capacity for single-asset continuation vehicle (SACV) transactions to $7bn when combined with the firm’s existing secondaries vehicles, evergreen funds...
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