Alternative asset manager Golding Capital Partners has held the first closing of the Golding Secondaries 2022 Fund with capital commitments of €172m. The fund, which is targeting a total fundraise of €500m, attracted commitments from both existing and new clients.
The predecessor fund, Golding Secondaries 2019, closed above its target volume at around €280m at the end of 2021.
The latest fund offers investments in a broadly diversified portfolio consisting of more than 100 small- and mid-cap companies mainly from Europe. Target sectors include business services, IT, and communications, with the fund having deployed seed capital earlier this year to make its first investments.