Glendower Capital, CVC’s secondaries platform, has held the final close of its fifth global secondary private equity fund, Glendower Capital Secondary Opportunities Fund V, with aggregate capital commitments of $5.8bn.
Glendower Capital, CVC’s secondaries platform, has held the final close of its fifth global secondary private equity fund, Glendower Capital Secondary Opportunities Fund V (SOF V), with aggregate capital commitments of $5.8bn.
SOF V is the first fund closed since Glendower completed a strategic merger with CVC in 2022.
Glendower operates in the private equity secondaries mid-market, targeting buyout fund investments managed by high quality GPs. The fundraise concluded at the hard cap and represents the next stage of growth for Glendower’s two-pronged strategy in private equity secondaries, which provides balanced exposure to portfolio sales by LP investors as well as GP-led transactions.
The fundraise attracted investment from a diversified and global institutional investor base of over 230 returning and new limited partners.
