Firm: Partners Group
Fund: Partners Group Secondary 2011 LP
Target: €2 billion
Amount Raised: €2 billion
Finishing up a record year for secondary funds generally, Partners Group closed out its latest offering, Partners Group Secondary 2011 LP, raising €2 billion ($2.6 billion). The closing puts the total amount raised by secondary funds in 2012 at more than $20 billion, which is above the previous record year of 2009, when $17 billion was raised, according to data from Thomson Reuters.Investors in the new fund include the Pennsylvania Public School Employees’ Retirement System, which pledged $100 million in early 2012. The fund closed on the heels of three other noteworthy secondary offerings, each of which closed in the last 18 ...